Price currently appears over-extended, 101% above its 200d ema. Previous peaks were 60% and 52% for perspective.
Anticipating a near-term correction. High risk short play. See chart for possible near term targets.
Note: Educational analysis, not investment advice.
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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.