Watch for a possible rejection from 0.4275 | 30 August 2018

Wave Analysis

Nothing much happening on this crypto. We're still few points below the daily line 0.4275. Nonetheless, we still expect a momentum towards this level or even a possible break above to pick a long term long position with an ideal take profit at 1.1400. If this target is take out, then further bullish price rally towards 2.8394 or even higher is expected. Should the price fail to go beyond 0.4275, then this will be a good place to look for a long term short position towards the target we set previously 0.1120.

Trade Recommendations:

We're may be short upon a rebound from 0.4275

101% Double the volume

The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.