mycoinmoon

mycoinmoon Updated 

we are at a point here I believe. At least in the short term we should fall from the 5 min channel to 8100 where you could go long if you were certainly bullish (I am not). We are then due to go up to meet the major trendline down (green line); we either break or fail...I have mine at approx 9200 now and a Fib retracement at 9300. If we make it though all that...

mycoinmoon

Bounce off of 21. Minor break of trendline due to fear. Not adjusting anything except to bring Fib more into time frame. Up we go.

mycoinmoon Updated 

Looking at the trend line and RSI this pullback was imminent. I would look for a bounce off 21 if it goes any lower. Buying in after hours may not take this much lower as I believe this is a trap. I'm long on this.