The market has broken the bottom trend line and it's within the hard support zone. Last time the price was this cheap it bounced back and almost doubled the price. This is yet the best coin in the gaming space and there is no fundamental reason for the price to go low. RSI confirms it's oversold. Target price 700. Stop loss 350. I'll get in with 10% of my portfolio.
Commentaire:
I sold 50% at 350 and rebought back. Therefore, still holding the coins, while MACD shows a down trend we did hit the strong support zone due to the Bitcoin fomo. I'm expecting a strong bounce here