Looking at the chart, the selloff has gotten ahead of itself, falling faster than it rose. This will likely lead to a steep recovery in price quickly just like the other 2 times as depicted on the chart. Net, still see downside, but ill be grabbing some calls for about 1 week out.
Note
cashed out some for about a 50% return, still holding profits.
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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.