I think waiting is over, pair didn't reach for a long time another support which was 15. It is very common on markets that if there is strong bullish movement pairs not necessary are touching support line when they push forward. Since my last BCN idea BTC price slashed another 50%. It was close to 6500 back then. I think that BCN bottomed at this stage. Position should be open without any SL and whole money put on trade should be considered as a risk capital. There is slight chance that the BCN will go lower significantly for short period of time and then bounce back and move rapidly towards north which may wiped out all SL's and It happens very often.
I will aim for 190 for this trade.
This coin also is very unique it may have some problems couple of months ago but this was actually good news which dumped price lower which gave us good opportunity to enter market with good price.
...and just remember this is just my opinion so please don't be so harsh in comments:)
I will aim for 190 for this trade.
This coin also is very unique it may have some problems couple of months ago but this was actually good news which dumped price lower which gave us good opportunity to enter market with good price.
...and just remember this is just my opinion so please don't be so harsh in comments:)
