Last support broken at 0.000025 SHORTING to around 0.000015
I hope no one bought right before the airdrop, and shorted the head and shoulders on the 2H chart. Price dropped through the cloud. As stated in previous posts, I would recommend accumulating around support areas 0.0014 - 0.0018. The reason why I am stating such a wide buying range is because of how unpredictable the market can be after an airdrop. The drop in...
Bottom of Cloud acting as support, I still would not recommend buying UNTIL after the airdrop. If it breaks through support, SHORT OR buy cheaper at lower support levels. Also BTC is starting to look Bullish, about to complete INVERSE HEAD AND SHOULDERS. Alts will get hammered.
This is a RISKY trade. We are days before the airdrop, have not heard of any announcements of exchanges supporting the airdrop yet. Buying around the 0.0027 level. RSI oversold on 1H, 2H, 4H timeframes. Stop loss around 0.0025.