“Sentiment is positive no doubts about that but there is no buy signal here yet. For that, from the technical point of view, we need to see the breakout of the 400 USD resistance first. Chances for that are now much higher then few days before when we wrote our last piece about this crypto. „
The 400 USD got broken on the last Wednesday and that is precisely a day, when the buy signal was triggered. Was it a good one? It depends if you consider making over 20% profits in few days ‘a good trading signal’. For us, that is pretty sweet.