Took out the lows below 8550 and closed right back up.. anticipating a move up towards 9k.
Pro Analysis
Took out the lows below 8550 and closed right back up.. anticipating a move up towards 9k.
9k hit.. faked out above range high and dropped back in.. break below the range low and i can see more downside..
BTCUSD
~9380 is what i'll be looking at right now. A close above that, then i expect BTC to reach for 9900 - 10000..
While my short term bearish view will be formed if we get a close below 8550...
~9380 is what i'll be looking at right now. A close above that, then i expect BTC to reach for 9900 - 10000..
While my short term bearish view will be formed if we get a close below 8550...
ETHUSD
Had drawn this earlier but didn't post as my conviction wasn't as strong. After ETH broke down, i expected a move for those lows at $201, with price reaching for the daily OB at $196 - $199. Expecting some support there..
Had drawn this earlier but didn't post as my conviction wasn't as strong. After ETH broke down, i expected a move for those lows at $201, with price reaching for the daily OB at $196 - $199. Expecting some support there..