Alright, sentiment is very bearish in the crypto space right now because of the sell off we have, which is very common in the cycle of wave C. From a contrarian point of view, i am holding long positions now since we did get a beautiful play at fib extension levels and sold off and right now i believe we are in the early stages of wave 5 with the way structure is forming. I will lean towards the buy side currently running risk free with margin positions.
Trade active
Trade closed: stop reached
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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.