Watching for a cross back up over 30 RSI
Small SL due to Binance FUD and BTC level.
In the past it has moved quickly upwards over a few days at this level.
It may also bounce back down from the 30 flipping SR.
Looking at a longer TF 3 day
If indeed we are seeing new funds arriving with the BTC climb, I think the Top 20 will fare better than the majority.
LTC poised for announcements coming up re privacy and usability.
Binance announced delisting if BCHSV on April 15 and BCHABC jumped on the news.
Fell back over next 4 days as news settled, and BTC strengthened
Hitting traditional support level
RSI uptrend since beginning of the month.
Sell volume declining
BUY - .056600
SL - .053860
TP#1 - .067480
Looking for a bounce after BTC had large gain yesterday driving down BTC pairs.
ENJ is showing RSI at about 18.
Blockchain Marvels Conference in Seoul tomorrow with ENJ speaking
Samsung developers attending Reboot Develop Blue on April 11 that may one again be positive
Playing the 30 / 70 RSI strategy on 12 HR chart
Look to buy in at next rise above 30
Target above 70
With BNB being used on Binance launchpad, coin burn, and its general perception as a stable coin in turbulent times, I think BNB will see further appreciation over time.
Always the risk of black swan event, Binance hack, Tether collapse, so remember Stop Loss.