Perfect head and shoulders formation on the weekly chart, along with confirmation of a death cross (red circle drawing). This doesn't look good at all and expect sub .30 very soon. I don't 'short' crypto, rather wait for perfect long entries which i will be doing when the market finally moves. Price under .30 will garner my attention.
Note
Looking for longs at .35
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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.