Short trades are doing well across the board, but this could be an area for a bounce. Could see a pullback to the 12K area. However, we are moving down correctively - so with all this corrective movement, both up and down, I am beginning to entertain the possibility of an ending diagonal. Will update when the rest of this correction fills in. Updating all the alt-coins next.
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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.