The correctional wave and the ups and downs of the genesis of cryptocoins, Bitcoin, makes the public and most traders don't know what to do in the very near futures since mid Dec. Currently there are two options that we can forecast on the market situation since it is the time that all alternate coins depends on its trend.
Option One : So many traders and signal givers are in the game of scalp trading specially on the Bitmex exchange platform. If anyone with a confident charting and TA analysis knowledge wants to play it might be a very good opportunity for making profits in such red market season.
Option Two : This option is for those who are not comfortable trading in this bearish days. The option is easier for not taking risks at all. Just invest in the coins which are already known to be big potentials both in the mid and long term, turn of all your online connections and relax for a while.
For now short term trade is active for the targets at $8269.1 [23.6% Fib Level] and at $8895.7 [38.2% Fib level ]
Wish you a good trading. With Regards. Team TWA.