Memetic / Bitcoin
Long

MEME 1H Timeframe Chart 14 December 2017

176
Memetic, a nice swingtrade coin.

This one will retest the support soon, checking if it might go up for a new leg. I'm not that bullish on this one, as on the previous pumps, it dropped down back to the earlier resistance (new support) level. If it does breakout, we can expect another pump.

Reasons for negativism: RSI is not turning high or above 50. MACD is also negative and experience.

Let's see. If it drops, I'll be buying the support zone and wait for another jump. Otherwise I'll buy the breakout.

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