Hi steemians,
It seems that the strong monthly support at 18 satoshis has been tested and its a strong level that has been respected. It will try to test 30 satoshis resistance level which seems to be the only possible scenario if the token will look at lower levels ever. If there is a big move towards the 50 satoshis level the possible testing resistance level will be at 38 falling back as low as 30 and hopefully will test 50 satoshis level, which probably be my exit for this trade.
I also made the tradingview analysis post. This has been a longer than expected trade but I'm pretty confident that it should move up somewhere this year.
I first hoped a test to 50 satoshis level was going to happen when I bought 1500 tokens at 37 satoshis (it was moving from 38 to 36 monthly levels). I also bought 5000 more tokens at 23 satoshis recently, which I hope to sell some where half the way the test to 50 satoshis level. I guess next time I will try to plan better my trade because when I bought the first tokens once they lost value I had no possible way to get out without taking more looses which I accepted and now I feel I'm entering a brand new trade now that I bought the 5000 tokens.
