Short
Still looking bearish
In a bear market, you take the escalator down, and the elevator back up. Thats exactly what were seeing here. Long drawn out downtrend with very fast run ups lik ethis is tell tale of a bear market. Id be looking to short between 0.90 and 1.00$ with a stop loss around 1.10
Note
Possible breaks above 1.10 could lead to further upwards motion
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Related publications
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.