Wave Analysis

This crypto has been in an overall downtrend. Just recently, as long as the price remains below 281.10, we expect an extension to the lower side. The anticipated bearish price rally is the continuation is the continuation of the impulsive wave (5) to the lowerside and should break below 152.85 towards 100. As it is on the 4 hour chart, we're only interested in a sell position, however, should the price break above 313.40, then this will be an ideal place to look for along term long position with an ultimate target at 796.95.

Trade Recommendation

we're short

101% Double the volume