Anyone playing hood yet? Still going to take some time to set it’s self up. I find it fun to run charts on 5-15m time frames due to the minimal chart price action. Looks like today it made a descending triangle which has a target exactly to first low. I would expect buyers to step in there however no way to know otherwise seeing there isn’t any confluence below that. If it turned around and broke 36$ it would be heading up to test high of the day at 40$ but looks bearish for now while the market decides the true value of it for now and buyers step in
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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.