This is a technical thread and I haven't seen any charts being posted in awhile so here's one.
1 month/ hourly chart.
RSI is definitely still on the oversold side (For those that aren't aware of RSI, this is a good indication for the people that want to buy. If it is over bought then it is an indication it is time to sell. As can be seen on the 20 Jan.)
MACD is hovering around the signal line as it has been for the past couple days.
One thing I took note of intra day is that today was the first day where the price was pushed higher throughout the day, form its early drop.
Doesn't mean anything by itself. However, I believe this to be a slightly good sign. Will be keeping a closer eye on this.
I am not emotionally connected to this, so will be selling if the signals show it will drop even further. Even if it comes at quite a large loss.
Will be holding for now though.
#for those that are curious. The line I placed on the left of the chart was my exit strategy to sell when it crossed over. Glad I did. Bought back in at 0.7 though. which was an error in reading the signals on my part. A good learning experience.#
DYOR and GLTAH
