Downtrend is clear here...
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but afterall, we must accumulate cheap to sell it with profit. As i prefer longterm play than intrday, accumulation levels for now are 0.34$, 0.2$ and 0.1$. Of course capital management is recommended. I have described that in my previous idea for XEM.
The redline on my chart is made on 1D timeframe on closed candles! The formation lines (purple or violet) on 1h chart instead. Attack on the redline has failed so 0.34$ is much more possible, with hacker selling activity 0.2$ is possible too and finally 0.1$ if we see some panic dumps.
The redline on my chart is made on 1D timeframe on closed candles! The formation lines (purple or violet) on 1h chart instead. Attack on the redline has failed so 0.34$ is much more possible, with hacker selling activity 0.2$ is possible too and finally 0.1$ if we see some panic dumps.
Note
Fibbonacci levels are made from zero to closed 1D candles ATH (around 1.8$)
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