We´re having a strong breakout after the correction. Price is bouncing off from the 0.2295 area. MACD had a small period of bullish divergence while prices were still dropping. However volume is still quite low, which is a general trend in the cryptos at the moment.
We have placed a fib extension for targets. If we carry on with a strong movement, we can have some good profits, however as the rest of the coins, we´re still depending on the bitcoin movements, so it is a risky trade, keep that in mind for any position at the moment.
We have placed a fib extension for targets. If we carry on with a strong movement, we can have some good profits, however as the rest of the coins, we´re still depending on the bitcoin movements, so it is a risky trade, keep that in mind for any position at the moment.