A descending channel pattern seems to be. Set stop loss
Now you have to decide... Short or Long ... But this is small Picture.....Bullish for long term...
Still Squeezing....Last tries of bears ..... I see agressive sellers are exhausted... But...Fundamentals should help...
check "etherscan" and you will see big Holders bought it in April ... at 30-35 $.....You wanna sell this gem ???!!! Patient Patient .... Ive just bought some here and I will hold forever... Im crazy :)
Buy low sell high ..... sure it can drop lower ... but check the reward and the risk .... for me I invest only the money I can take the risk ... hope to see u again at 10X - 100X
If u have doubt, you may have chance to buy it at its handle but not on the moon :)
Is it the best moment to buy ?... risk to reward seems to be nice... Im buying some and wait for next move
The BTC.D will probably increase to get to the previous support line at 52 which has been broken and we hope to see it as a strong resistance for a start of a very massive ALT celebration. Until this happen I will hold only small part of my bag in ALTs. Ofcourse, this is not a financial advice :)
I bought some ADT here for a 50% profit. Close less than 6.5.
1. Wait for the break and buy at the retracement level 2. If rejected, buy around the lowest support
I wish I had more money to invest.....This is the point many lines are gonna reach to each other.
Elliott waves are gonna finish soon. I'll buy more between 0.1 - 0.13 for 3X profit.