Then you switched from a coin in an uptrend to a coin in a downtrend (at least at 610-20) range. But hey even I could be wrong....but I still see push upwards short, medium and long term for DRK
The problem I see is that that pump yesterday may have backfired.
By not breaking through the 18 resistance it's actually added to it. Quite a lot of volume went in at 18 (in fact I saw about 4 master nodes being bought in a single panic buy over 18). Those people are now at a loss in addition to all the rest that are stuck up there.
We've now bounced off the 18 resistance 3 times since June 6th (D-Day !
) without breaking through. You can see why because as soon as the price gets above 18 it triggers all this supply coming out of the woodwork with people desperate to get out and minimise their loss.
Even if we do get through it - there's another huge load of resistance at 20. All the volume that went in on May 23rd and again on June 2nd.
Add to that, momentum-wise, we've been waiting for a 4-hour chart correction for days and some wee thing just keeps postponing it.
Add to that, the fact that the news about RC3 is now out, so most ammo is now spent for this phase in the price cycle and probably got priced in with yesterday's panic buy.
That's just the basis for my position since you questioned it - not a prediction. I've made a few coins out of DRK and don't feel like loosing them again. If it takes off I'll buy a few DRK's just to remain part of the party.