So, although indicators are not very promising on this, you can see as ALPHA bounced on 0.618 and now it's heading up. The chart pattern is a bullish one during a bull market = it's matter of time before it pumps.
If daily candlestick close as a hanging man I expect price to test again 0.5 and pennant's bottom but eventually it'd go up.
If you have not much time to stare at the chart right now just buy in and wait settling a stop loss calibrated on my risk/reward scheme. Another possibility is to set a buy order between current price and support. If instead you can spend time in front of the monitor just wait and try to catch the bottom, I think it'll be a small retracement anyway, less than 5% if I had to bet.
If I had fiat I'd enter this... unfortunately I've all invested right now
If daily candlestick close as a hanging man I expect price to test again 0.5 and pennant's bottom but eventually it'd go up.
If you have not much time to stare at the chart right now just buy in and wait settling a stop loss calibrated on my risk/reward scheme. Another possibility is to set a buy order between current price and support. If instead you can spend time in front of the monitor just wait and try to catch the bottom, I think it'll be a small retracement anyway, less than 5% if I had to bet.
If I had fiat I'd enter this... unfortunately I've all invested right now
Kommentera:
BTC dump messed up things a little bit but it'll recover when BTC will recover