I think drop is unavoidable but bull run depends on big players.
Entry: 5.66 Stop Loss: 5.76 Take Profit: 5.25 or 4.83
Crypto Trend is over, at least for now. Smart money wont buy now to make crypto whales rich. Google trends score at the lowest of last year. Whales will wait to accumulate and there isnt much dumb money to support bull trend.
They will dump if they cant pump over current channel.
There are huge amount of bitcoin which waiting to be dumped. Watch for breakout. Smart bears giving chance to bulls for pump but bears will trigger each other eventually. Even tiny sells causing huge drops on bitfinex. Current price is not sustainable.
ITS FOR LONG TERM. You will get decent swap with it. Check swap rates of broker.
YOU CAN SET S-L TO 10330 FOR GREATER RISK REWARD.
Look to technology before buying it. Its very promising coin. Very good for long term and mid term.
Stop loss 8550 or 8700 I will update for take profit
It may drop more but most probably it won't.