Long
Critical price action determines next move...wait for it

Waiting for the test of the corrective price channel. Bearish indicators that it will dip slightly further to just under $23. If it holds, and price moves up after ~23 bottom, then it should bounce towards $50 over the next couple of months. If it breaks, look for it to bottom at around $12. We will know soon.
Just an idea, not financial advice.
Just an idea, not financial advice.
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.
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.