13EMA has been confirmed as the support now. We had market structure confirm a W so I drew a new trend line. I see 2 obvious gaps & I think DOGE has some unfinished business in that area to say the least. Our Oscillator doesn't show stupid willy, so I think we are still golden here.
At first glance it looks like Bitcoin hit its low with the bounce off the 70.5 level. This level also aligns with a pretty significant horizontal trend level. However this could just be a bounce to the 10k-11k range. What concerns me is the evident death cross we seem to be heading towards. Bitcoin continues to respect the 13EMA resistance, but if we climb to...
SPR has passed the .786 Fib, nearing a resistance & it seems we got a sign of indecision on the current candlestick. Gonna keep a close eye on this one to see if we bounce off this resistance or break it
We had the tag at 8k on the support AND the channel. My only regret on this trade is for some reason I got the bright idea to change my order from 8010k to 8200k last night. You live and learn, but I can live with this trade to go buy some alts now :)
Ethereum broke through trend line and the channel aligns pretty nicely. I wouldn't be a buyer here necessarily, but if you are already long ETH then it looks like you are still in the clear here.