ProShares Trust Ultra VIX Short Term Futures ETFArca
Description
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Pretty self explanatory: Short term support found at green line (obviously this is a futures denominated derivative so classic support/resistance lines don't work long term but short term they do)
Red line shows stop loss. If there is no pop. it will keep grinding down. Target around 30$ not terribly far. This has been known to do 1000% increase during big crashes/corrections.
The markets in general (equity and crypto) are looking very shaky. This could be at the very least, a good hedge if you are holding a lot of equity positions.