I think coins which are building foundational layers of the token economy will do well in 2018 as we are still in early days of this economy.
I am setting this idea up to keep track of it's TA. I will be looking to swing trade this coin trying to take advantage of future .
- We have some strong previous buy and sell signals which we can look out for for future. History repeats itself since the market is made up of human decisions.
- Currently the bulls are getting tired and we will likely see a period of consolidation and/or drop. Good time to sell a little holdings.
- We have seen a 300% gain in 2018 and price is above the KJ & 50. is oversold
- I expect to return back to 50 level and if it bounces this will be a signal that bulls are still in play. Also look for a price bounce off the KJ / cloud and/or 50 as further confluence of buys.