We're currently pushing into resistance(previous support), so an immediate long wouldn't be a good idea BUT if we manage to break through we can play the retrace into that block (green scenario).
If we bounce down right now and make a higher low (yellow scenario), it would also increase the chances of breaking through that resistance.
Upon successful retrace we...
the all seeing ey of saraman is watching this privacy coin. will it stay in the shadow of the two towers, or will it break into a large movement following the inevitable flood of money moving from btc to altcoins after the BTG day of judgement.... only time will tell. If i a had a million bucks id spend all my money on altcoins right now crazy low prices on...