Sharp buying off a daily pull back to the 20 EMA. Looks set to out perform bitcoin and good risk to reward off the todays price action.
Other factors
- Moment indicators neutral
- Fibonacci Confluence
- Bottom looks to be rounding out
- Broken and holding above resistance
- In a Daily uptrend
Great area to get long if the original bounce was missed. Buy on a close and then you know where to put your risk (stop)