CronosUpdated Hit Support
I've been waiting on this one for a while now. We have came down and tested support at $0.33 and bounced right off. The RSI had just bottomed out and it looks like we could see a potential hold in this area. I am still not ruling out a full retrace down to the $0.20 range. Although, We really need to wait for more data at this point. Here I'm just planning to DCA and wait for a better setup.
Note
Rejected at $0.426. I am looking at the 4H chart now and we have a higher low, most likely coming down to the zone of #0.374 $0.328.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.