I don't know what happened with this coin, but it lost almost all of the HTF support. it is not even near an area that would make me interested to buy for the long term. I expected it to fall as low as 3 dollars. but now it had some kind of reactions that may it indicate a possible range is forming before another leg down. so market structure changed in 4h. when it pulls back to 12h OB and the Golden pocket I would long. anywhere between 8.4/8.7 is good for buying. stop below the low. target the previous wick low that was put in before break down.
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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.