Closed all of my crypto trades (BTC, ETH, BCH, LTC and DASH).
All are setting up similar to the bitcoin chart, at this point all cryptos are so highly correlated, just going to wait this out.
Downtrends and new supply zones on D1, bearish engulfs on WK, nothing real strong looking on the WK either.
My plan is to:
1. Wait for price to reach recent WK imbalance, if price reacts I will look for a long.
or
2. Wait for the very strong MN Demand zone on Bitcoin, then I will be looking for longs on all cryptos from there.
All are setting up similar to the bitcoin chart, at this point all cryptos are so highly correlated, just going to wait this out.
Downtrends and new supply zones on D1, bearish engulfs on WK, nothing real strong looking on the WK either.
My plan is to:
1. Wait for price to reach recent WK imbalance, if price reacts I will look for a long.
or
2. Wait for the very strong MN Demand zone on Bitcoin, then I will be looking for longs on all cryptos from there.