Many traders are claiming that $MYX is a scam, so let's take a closer look at the 4-hour chart. The chart suggests that the recent pullbacks were a head fake. The coin has been bullish from the start, and it seems that the bulls are playing with the market to shake out weaker hands.

​My advice is to always follow the trend. Your individual analysis and other technical indicators don't matter as much as the overall market momentum. Fighting the trend is often a losing battle.