How strong is this downtrend? Considering we keep making new low by the hour, it'd be tempted to sell. However, price has made a dramatic rise when price dropped below 0.00007500. It's now broken through another support at 0.00006700. It'll be interesting to see what price action does from now down to 0.000060.
Buyers have already started showing up around 0.00006500 so I do expect to see some buying pressure coming in over the next few days so I can set up a trade. I'll set a long pending order should I see more rejection around 0.00006500 and 0.00006000.
Buyers have already started showing up around 0.00006500 so I do expect to see some buying pressure coming in over the next few days so I can set up a trade. I'll set a long pending order should I see more rejection around 0.00006500 and 0.00006000.
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