Right now, ETH is potentially forming a deviation below the range low, asking 1150-1050 to form a base around here, and consolidate. Ideally price should be consolidate around this area, and pump towards 1400 which is the 4H FVG.
The reason I am suggesting ETH is that because ETH offers a clearer set up as compared to BTC. However, right now, do not catch the falling knife. Patient and wait for the price to develop around this area. The set up is only valid if in fact ETH formed a support around 1150-1050.
The reason I am suggesting ETH is that because ETH offers a clearer set up as compared to BTC. However, right now, do not catch the falling knife. Patient and wait for the price to develop around this area. The set up is only valid if in fact ETH formed a support around 1150-1050.