Bought a bit here, but the main trigger is above the Monthly Open and the block it's currently sitting on.
Structure still leans bearish on the daily and higher timeframes, so I'd prefer a strong S/R flip at a key level rather than blindly expecting a market structure shift.
With ETH holding well and sitting near its previous ATL vs BTC, this could open the door for NEIRO and similar names to perform. Just look at how
AAVE, $CRYPTOCAP_OLD:ETHFI,
ENA, and $EIGEN are moving today.
Structure still leans bearish on the daily and higher timeframes, so I'd prefer a strong S/R flip at a key level rather than blindly expecting a market structure shift.
With ETH holding well and sitting near its previous ATL vs BTC, this could open the door for NEIRO and similar names to perform. Just look at how
Trade active
Almost at target! Not a bad idea to start taking some off.
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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.