The coin remained range bound from March 22, and it broke below to the downside on March 26 and slumping to its destination to our T/P 0.5325. Investors and traders should avoid bottom fishing if the virtual currency breaks down under 1.0.
Reminder: After initially moving the stop to break-even as the trade progresses in your favor, you may leave it there until the initial Take Profit target is hit, or close the trade if there will be a substantial retracement or reversal before the price reaches the destination.