Needs to establish itself with a strong support and then move up towards the resistance line.
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Nice Dip, Buying more now. Support holding strong
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In hind sight it makes a lot of sense. I did anticipate the growth of bitcoin after the huge dip it had however I did not factor in where the growth was going to come from. Originally I thought new investors, but then it became obvious that it was going to come from the alt coin market if the growth was going to be as a direct result of the fork. So investing in alt coins in the last 24hrs has turned out to be a missed opportunity. Non the less the alts are seeing a very low level and bitcoin is seeing an all time high, so as much as my emotions want me to dump the alts and move to bitcoin for the ride up to $6400. My game plan was to diversify and I must stick to my game plan, eventually these coins will come back around. And to be fair they haven't dropped a lot in USD value, mostly in BTC value. But success in alt coin investing must be measured to BTC value.