We are currently in a Descending Triangle and we are waiting for the pattern to be completed. If we break below because we don't have strong support, it would be possible to drop down near the 0.8$ range. It can be a good short position.
Like and share your ideas in the comments. Thanks
Trade closed: stop reached
the short position is invalid now. The fundamental news about US stock and Biden's supplement had a positive impact on US stocks as well as Crupt o market. Bitcoin jumped from the 47500$ support to 49386$ and most altcoins had a green day.
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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.