Fundamentally the news has already been priced in, however I would like to take a short from around the 35 level, you can see the TP targets on the way down, each breaking a structure, leading to a lower downside. However, this level is holding well so could break either way, macroterm I am bullish, short-term bearish, I think alts will bleed a little more before overall push up.
Note
Parachain news messed this up! Unfortuatenly this one did not work out.
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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.