A few scenarios at play on the monthly
A few scenarios for bitcoin; looking pretty neutral right now and at a point where it needs to open a new monthly candle; gain the previous monthly as support and move up to hit resistance or it could be an extremely bloody month too the month of January going into February.
I guess we will see.
ETH is also at a borderline breaking point 1150-1180 being all that is left to prevent a massive drop down and at its daily downtrend resistance breaks to go test higher resistance or performs ze deep diving technique; hope you got your swimming gear on if it chooses down.
Just some quick macro analysis.
Time to enjoy some popcorns.
I guess we will see.
ETH is also at a borderline breaking point 1150-1180 being all that is left to prevent a massive drop down and at its daily downtrend resistance breaks to go test higher resistance or performs ze deep diving technique; hope you got your swimming gear on if it chooses down.
Just some quick macro analysis.
Time to enjoy some popcorns.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.