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Mind_42
Mar 21, 2024 12:46 PM

ETH/BTC Monthly 

Ethereum / BitcoinBinance

Description

Losing the macro ascending trendline is not a great look but also not a huge fan of diagonals with more respect given to horizontals. There is potential for a deviation but I suspect BTC Dominance has not topped.
Also losing monthly support order block.
A close below 0.049 could see this heading to high 0.03's-0.04.
Comments
vasilias_trader
Great analysis, I respect Horizontals also, Diagonal TL can be easily Violated…
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