Good to hear what other people think. I hope what you saying is true. I see most people saying it won't go under 0.008btc. I personally have a bit more conservative buy order at 0.00711011. I compare this dip to the dip in june after the price exploded where i got burned in the slow and painfull selloff.
The highest red line (0.00681400) is where I guess the support will be. It's a copy of the breakout in june but scaled accordingly. So 0.00711011 to be in front of the bulls.
I'm a very new trader so I might be completely wrong but I really want to take this serious. Just sharing my thoughts and observation as I would like to hear yours. :)
Although your right about there being a big buy wall at .00711 you also have to check and see how big of a buy wall is at .0082 and price points above that, personally I don't see it hitting .0071. I think .0085 is a better bet truthfully. Quick heads up seeing as your a new trader you don't have to buy at the lowest possible point and then sell at the highest possible point, that's impossible. Rather find a nice price point which will still be a good gain.
appreciate your feedback man :) on bittrex a new bottom might have formed at 0.0078btc. So I was a bit too conservative. I am still a little bit scared it might drop lower because i got burned with the last antshares pump in june. it kept going down for a few weeks after the pump. I will just hold what i have for now.