Chart shows a strong bounce off the 4 hour trendline (and subsequent large channel elliott wave) and a pattern reversal in what I think is another elliott wave back up to the ~1k-1100 area. Great time to enter long if you can get in around the 5xx area. Suspect it will continue to get a lot of volume this week as the price of BTC fluctuates. Has remained strong even during the BTC rise unlike it's counterpart XRP, which is promising. Of course a BTC dump will probably only strengthen it's rise as more money pours into alts.