Here is part of my post from yesterday.
In the chart below I have indicated the level at which I will be looking to buy coins, as if bitcoin bounces here the others should more or less follow suit. Now bitcoin could actually bounce from where it is right now on the chart, but if it does I will miss my entry this time as I am waiting on the lower level.
My level of interest marked on the chart yesterday, is still valid, although weakened some by the strong bounce, which I stated might happen.
Every bounce has a target, and the target for the current bounce is around 11,400.00. If this is hit, it will then invalidate my level of interest. For now we have to be patient and wait to see what unfolds.
Disclaimer
I am not a financial advisor, and I am not responsible for any losses you may incur as a result of acting on any of the content contained in this article. I make no recommendations to buy or sell, and this post is purely for information and education purposes. Opinions expressed in this post are my own, and you should seek advice from a professional financial adviser.