I might be wrong, but the world is slowly getting tired of Bitcoin . I believe so. Even the biggest skeptics, who hate Bitcoin are now thinking: "Hmmm... Maybe I should give it a try..." . But because it's a bit too late to jump on Bitcoin with small amounts of cash, other Penny Cryptos come into the game. Probably, this one won't rise as much as Bitcoin , but sure could jumps a few "moderate" hundred percents ("moderate", comparing to Bitcoin moves).
So, I somehow think that this crypto will like to form triangles and then break them. For now, it seems that it is the case.
Wait for a break and then get in.
If this is going to break down, then wait for a reversal signal and then BUY.
If it will start breaking upwards, then BUY at the level that it is at.
Keep an eye on the price action!
But, if to purely speculate, then BUY at 0.84, SL at 0.68 (depending on your risk appetite). Something like that. But that's not guaranteed. I recommend to carefully observe it for now.
@CoinStorm , I agree with you. I think that it is also waiting for something.