Hi,
The mothership Bitcoin got a rejection downwards and some altcoins obviously followed it.
At the moment, the best bearish setup could be ETH sell, quite a solid break below the strong support area, strong candle close (1H and 4H), and almost free road to fall to TP1 which is around $1700.
You can wait for a retest, you can go right away and you can skip it, the choice is yours ;)
Stay healthy,
Vaido
The mothership Bitcoin got a rejection downwards and some altcoins obviously followed it.
At the moment, the best bearish setup could be ETH sell, quite a solid break below the strong support area, strong candle close (1H and 4H), and almost free road to fall to TP1 which is around $1700.
You can wait for a retest, you can go right away and you can skip it, the choice is yours ;)
Stay healthy,
Vaido
🔍I do the technicals - so You don’t have to.
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
Related publications
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.
🔍I do the technicals - so You don’t have to.
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
Related publications
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.