Second time it dropped under historical support after making a big fakeout above it. This is very bearish and rejection at resistance will send it a minimum of 60% down.
I favor a drop because price action is similar to July to October.
I favor a drop because price action is similar to July to October.
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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.