Congrats to the bears that took the top fishing bear setup highlighted in the last video.
It ended up best case scenario nailing the top.
Now we watch BTC to see if $6k is going to break for one last flush before an oversold bounce.
Just looking for $20 on ETH oversold bounce playing against the trend now in consolidation mode.
We are looking to consolidate for days from this point and potentially looking at the weekly lower high being set.
Use BTC as your guide on this bounce, which does not yet have oversold hourly RSI.
I would ideally like to see a break of $600 for a flush and bounce.
It ended up best case scenario nailing the top.
Now we watch BTC to see if $6k is going to break for one last flush before an oversold bounce.
Just looking for $20 on ETH oversold bounce playing against the trend now in consolidation mode.
We are looking to consolidate for days from this point and potentially looking at the weekly lower high being set.
Use BTC as your guide on this bounce, which does not yet have oversold hourly RSI.
I would ideally like to see a break of $600 for a flush and bounce.
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Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social