Bit of a loose channel on the daily chart but with price being so far from SMA and Ich cloud we should watch over the need few days for a possible short signal. Bitcoin market seeing a downturn so no reason why it cant take the rest of the crypto market with it. We have seen the launch of the shitcoin show on the BTC network that might shake out the last of the non-believers.
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Short looking good so far
Kommentar:
Short looking very good with what might be further to fall. Always worth taking some profit though at these levels