ETH had another leg down and flush to hourly RSI at 20 which LTC and BTC did not correlate with.
We have the "securities" info today and no one really knows when, or if there is even a decision that will be handed down.
This uncertainty will certainly impact the short term volatility.
Solid bounce from the recent lows and we will need an hourly higher low and higher high for a short term trend reversal.
Look for the daily to form another higher low at some point today and for a bounce to begin.
I will be looking for a daily lower high as well as the momentum continues to shift back to the bears.
Loss of daily higher lows will mean our weekly lower high is set.
I will continue to play ETH and LTC hourly oversold bounces, with short term mindset to lock in the gains.
We have the "securities" info today and no one really knows when, or if there is even a decision that will be handed down.
This uncertainty will certainly impact the short term volatility.
Solid bounce from the recent lows and we will need an hourly higher low and higher high for a short term trend reversal.
Look for the daily to form another higher low at some point today and for a bounce to begin.
I will be looking for a daily lower high as well as the momentum continues to shift back to the bears.
Loss of daily higher lows will mean our weekly lower high is set.
I will continue to play ETH and LTC hourly oversold bounces, with short term mindset to lock in the gains.
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