Hello traders,
I think this coin is a great deal for medium/long term hold. Obviously you can profit from short term, but holding it through until ATH is reached would be the most reasonable idea. This coin has a similar pattern to many coin in this bullish momentum and most new coins (serious ones) tend to break ATH. Furthermore it looks great both on weekly and daily - volumes are picking up, selling pressure is quite conservative and most importantly it is on an uptrend.
Remember, you should always go with the trend, no matter how overbought it might seem, cryptocurrencies tend to go higher and higher to everones suprise. Smart trader does't buy low and sell high, because bottoms and tops are extremely hard to catch even for most sophisticated ones.
Smart trader always calculates the risk of his postiions and buy high to sell higher. Obviously intermediate lows in an uptrend should be treaded as a good buy opportunity.
Best of luck.
I think this coin is a great deal for medium/long term hold. Obviously you can profit from short term, but holding it through until ATH is reached would be the most reasonable idea. This coin has a similar pattern to many coin in this bullish momentum and most new coins (serious ones) tend to break ATH. Furthermore it looks great both on weekly and daily - volumes are picking up, selling pressure is quite conservative and most importantly it is on an uptrend.
Remember, you should always go with the trend, no matter how overbought it might seem, cryptocurrencies tend to go higher and higher to everones suprise. Smart trader does't buy low and sell high, because bottoms and tops are extremely hard to catch even for most sophisticated ones.
Smart trader always calculates the risk of his postiions and buy high to sell higher. Obviously intermediate lows in an uptrend should be treaded as a good buy opportunity.
Best of luck.