Recently within the past few hours Market Cap has had a huge injection of 10 billion dollars. Thanks to pessimism it brought the whales in.
So we shall see if we hit resistance and if it becomes new support. Buy in near support and sell at resistance. Buy in again if we see another spike but be sure to set up stop loss.
I still think we haven't seen bottom and will go back to double digits. Be wise in your trades.
BTW this is not financial advice. Only what I would do myself.
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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.