4H. Pumped even further right after Chico Crypto's uTube video the other day. Probably not a coincidence. In a nice descending channel
has retraced somewhat now and is finding support at Fibonacci 0.5. Probably some upside from this level for a scalp but I am looking for a retest of trend line
'A' partly as I believe BTC
is heading for 9600 and RLC
definitely dives when BTC
moves, and partly because I feel there is better support at that level. If trend line
'A' breaks then I'm definitely looking at buying some RLC
at 'C' the 0.618 level and have placed an order at 11513. Generally, most alts look oversold to me and a healthy correction has got to be more probable for sustainable new highs in the medium term....?
21 & 200.