Price has reached a Daily and Weekly Demand Zone. With a bit of over-extension showing, I'm expecting price to pull back into the 1.2700 area where there is a 4hr supply zone. A triple bottom has also formed on the 4hr.
I've been expecting downside since the daily chart formed a double top.
On the 4 hour chart, the market has been consolidating at for a while and there seems to be no buying pressure.
I'll be looing for a sell if the support (83.2) breaks.
After pull back to strong WK demand, close to MN demand, price is starting to show bullish moves on lower time frames. Nice looking long available on D1 if you aren't long from the WK demand already.
This, ether and dash all at great prices to rally from should drag all other cryptos with it.