We have confirmed the diamond top, which is a bearish signal. We have fallen out of the key support zone and have no where else to grab onto until we hit $3. The bull in me see's this as the new bottom, and price action will move upward once we build consolidation around $3 and confirm that this is as low as the market wants to go. We have yet to confirm that, enjoy the ride.
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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.