We're now in the midst of a testing of the trendline we've been following for 2 days now, this is by far the greatest so far. We're right now under the trendline, but well need to see it confirmed on the hourly. Since the stoch rsi and RSI is low both on the 4hr and 1hr and 15 min and 5min. I see a great chance of buying low, if it fails and falls through not that much to fear since we still have our established support at 107-110. I whole heartedly believe this is a fakeout to the bottom, but who knows maybe I'm wrong.
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I bought it at: 112.8, if anybody is wondering.
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Now that we touched, support at 110 quite quickly, we cannot forget each time we hit this major support, we'd seen a spike in price with at least 15-20 %.
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Furthermore, we have yet to see if we break the trendline; the following hour will become paramount/important for future growth.
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