This coin chart is very different from the rest of altcoins. I marked channel and it is very obvious that the coin is trading in between theses two levels(yellowish rectangle).
It is quite possible that the coin will reach highest high again in some time unless the channel will be broken and down trend will occur. I marked double bottom as well.
I think SL around 2500 is a good idea as the pair might go lower and it is hard to say if it will ever go up
It is quite possible that the coin will reach highest high again in some time unless the channel will be broken and down trend will occur. I marked double bottom as well.
I think SL around 2500 is a good idea as the pair might go lower and it is hard to say if it will ever go up