TradingTank

$ETH down a whole $100 off the Monday low, and once we got the initial rejection it never fully got back there. Gave the heads up on this since Tuesday and we're already starting to test the golden pocket on this one.

GM
$BTC still tracking lower, off the retest of Monday low. Golden pocket getting closer. Clean PA actually. Let's see what kind of reaction we get in 62-64k range.

$HYPE | $BTC
Getting interesting if it can hold this breakout level on the daily timeframe. Don't want to be sidelined when the next leg starts.

For $BTC the Monday low is providing intraday support, but if we decisively lose 68.3 we can start looking for more downside toward the golden pocket. Long trigger would be a reclaim above the Monday high (71440).

For $ETH the Monday low is providing intraday support, but if we decisively lose 2000 we can start looking toward those downside target areas. Long trigger would be a reclaim above the Monday high (2149). Much better R:R with waiting, and not staring at charts 24/7.

Seeing too many people going long here, without confirmation. To the naked eye it looks like another bear flag, with mega resistance under $72k. I’d rather wait for the market to show its hand. Bulls are 50/50 here but I like low-60s better for longs if we get it.
$BTC

$GOLD - Back above the .50 fib and 50MA. Challenging the consolidation peak. A breakout above $5092 with follow-through could invalidate the idea of a more drawn out tightening pattern, and send it toward the $5242 magnet. ATH challenge on a reclaim above there.

$ETH | $BTC - Rebounding off the strong Volume Profile support. Feels like Ethereum is bottomed here locally, near the $2000 psychological level.

$ETH | $BTC - Rebounding off the strong Volume Profile support. Feels like Ethereum is bottomed here locally, near the $2000 strong psychological level.

$BTC.D bouncing heavily off the teal box and range lows. I expect a tap of the blue box in coming hours/days. Not touching alts until this stops cooking.

$USDT.D stablecoin dominance breaking out toward ATH. Look for this to turn into a rejection at the \'22 ATH or continuation toward the next weekly targets.

Unless 64.8k is recovered promptly we are heading lower toward 58/59 $BTC