Nasty migraine tonight. I’ll post the normal synopsis tomorrow. Here are the images, though. Things didn’t have enough energy to break out of the range last week, and we are seeing some early downside this week.
BTC: As long as daily doesn’t close under 16.6k, I’m still under the impression it’s a good intraday short-term bounce play as long as there’s a bullish divergence.
ETH/BTC: Not making moves in alts long until out of the box's top. Out the bottom of the box, I’d be short on alt futures contracts. The trend is now down but sitting at support.
ETH: Same as BTC. I’d be looking for an intraday bullish divergence to make long plays. however, they are risker than BTC since the trend structure is less defined. The yellow box is where I’d watch for bounce plays.
Feel better!
Praying you feel better