Consolidation zone between 7.4k and 8.3k sats, near its low since listing on Binance. RSI consolidation around 50. Can't tell which way it's going to break, but between alt action lately, and that it didn't drop to all-time-low and is consolidating here, I would say it'll probably be up. Needs volume.
Wicked up to the downtrend line, still below resistance at ~$7.5k. Not in a position, just waiting to see how it breaks. If someone held a gun to my head and told me to bet, I'd say down. RSI about the same level as when price broke down from $7.5k too, on the lower side of being overbought on the 4H. Any tips/advice appreciated, still learning!
Breakdown of symmetrical triangle, almost a week of candles worth. 4HR under bearish cloud. BTC not doing great, which helps when trading with a BTC pair. Opened a short. Target is the next support level (way) below, no support established between where we are now and back then.
Broke down out of pennant, lower than support from early Jan, small step down to next support. RSI still oversold. Not sure where to go here, still keeping an eye on it. Waiting for confirmation of trend breaking until I enter a long.
