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 price will not be anywhere near ZCL and NXT, there are many hodlers and it is a mid/high cap coin. PLUS BTC may be breaking through resistance at any moment, causing alts to bleed.
Do no FOMO dead cat bounces. Buy small amounts, average in the cost.
Long term hodl.
Anyone shorting on BITMEX, target around 0.002
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 price will not be anywhere near ZCL and NXT, there are many hodlers and it is a mid/high cap coin. PLUS BTC may be breaking through resistance at any moment, causing alts to bleed.
Do no FOMO dead cat bounces. Buy small amounts, average in the cost.
Long term hodl.
Anyone shorting on BITMEX, target around 0.002
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.