שורט

PRO lacks Volume anyhow right now in a correction.

מאת ‎KongTrading‎
The coin got just listed and really lacks some volume so I wouldn't get into it because my strategy is trading only high volume coins. Here one big player could simply wreck the whole TA.
ANYHOW, we can see a clear cycle here (as far as the chart allows us). So to be honest, either it will break out soon or it will break down to 100 or 127 fibs and then shoot up again as we have seen before. If it doesn't stay around 127 it will break even further down to 168 fibs from where there is only one way - UP. I would watch it right now, never go in or out with 100%, try to break it up in some chunks and see what pattern it follows. Again with this low volume and pretty chunky chart, there are many possibilities.
Chart PatternsTechnical IndicatorsPROBTCshortTrend Analysis
KongTrading
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