Massive support is coming in at $5.12. Both short and long-term cycles are aligned and strongly pointing out for a potential upside reversal. We are diving in head first, targeting the resistance key=levels of 6.1845, 7.1460 and 8.7230
Trade closed manually
The breakdown below 5.12 is a clear sign of bear cycle kicking in to high gear. We're out.
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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.