Experienced a 60% drop but already bounced and cover 1/3 of losses, doesn't look bad on weekly and targeting resistance at $0.018 level.
Another potentially bullish sign is a "Hodl & Earn Campaign" from April 17 to May 8, where you can earn an annual yield of 35% just to deposit your coins on into your Poloniex account. I.e some part of the coin supply will be taken out of circulation for a whole month!
So, I'm swing long here, targeting red resistance box. R:R is 2.8:1 looks pretty decent for me.
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Information is just for educational purposes, never financial advice. Always do your own research.