Position: Short at 71% Dominance
Reason:
O RSI BREAKOUT at bearish pennant pattern
O Head and Shoulder pattern ongoing, likely to pull back until 71 ~ 72 and fall
O Long term trend since 2018 still in rising trend
O Fibonacci retrace seems to be at 66 ~ 67 and 60 ~ 61 zone
O ALT SEASON is here SOON, accumulate your alts
If you have any other thoughts or ideas, feel free to post them below!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.