This is one of the hyped new coins that has recently been listed on multiple exchanges, so we have limited price action and history to go on. That said, while the market has been correcting, this has shown tremendous strength, maintaining grey dots on Trading Alpha, holding well above the track line, which is green and curving up, and currently attempting a break of the recent all time high. This means a blue sky breakout into price discovery, if successful. I would personally wait to see a close above .0266 as confirmation, and then attempt to catch a retest of that previous high as support. But everyone has a different approach.
scott.melker@texaswestcapital.com