Is there any sellers left?
If we look at volume (selling pressure) all the way down it really looks like a convincing bottom has formed here as we have recently seen buyers stepping back in and pushing price back up, however we're still stuck in our pitchfork and we're at the mean which we could gap through or get rejected on...as for trading this there are probably better options in terms of other alts and it could consolidate for some time keep an eye on it though.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.