FUD dump on news led to an oversold bounce, top out, and now higher low on the hourly.
Looking for a lower high and tightening range for the morning to play out.
The break of this equilibrium pattern will be another entry opportunity if it breaks bullish.
Correlation very strong to BTC for days and only strengthens on high volume dumps.
Higher low set this morning breaking is a big red flag to bulls.
Looking for a lower high and tightening range for the morning to play out.
The break of this equilibrium pattern will be another entry opportunity if it breaks bullish.
Correlation very strong to BTC for days and only strengthens on high volume dumps.
Higher low set this morning breaking is a big red flag to bulls.
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