i opened a long position at 27200 with a stop at 25200 , im expecting a slow grind up with a lot of chop but as we get to 30000 it should get slightly more .
there is lots of action with other coins which has really spread the thin. Even LTC IS PUMPING , about time to.
We will be holding this trade on a longer time frame, if our stop gets hit so be it but as always we will be doing our best to improve the base price & scale in where its possible.
taking profits in stages.
major support 265000
major resistance 30000
as with all altcoin trading we will be keep trading it actively & reacting to any fundamental; news from the market.
Good luck all with your Trades.
wont be moving stop again , if there is another leg down could go very deep..
25000 seems to be holding for now.. RSI is rock bottom, totally exhausted.
first target 2950, will sell what i added at 24800 so will be in the original position.
good luck all.
major accumulation going on at current level, 22000 is very strong support.
once the other coins have cooled down will look for a long entry below 3300