TradingTank

The problem is, if you're bullish currencies or crypto right now, you're not watching $DXY.
Lower next few months.

$ETH looking at intraday, we are struggling at the current and prior value area low. Need to push up and maintain above 1932 for a potential move toward 1957/1979 areas. Lose 1917 and daily/weekly low 1896 comes into play.

$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