Further correction underway as 
ETH breaks below trendline. Current support holding around 4350, low of ~4300.
In the midst of typing this post, H4 Chaikin began crossing over zero line; expect a dip to as low of 4200 if momentum continues.
I could see a quick reversal accomplished through a hammer close on the current H4 candle (~4450), although since we crossed over it's highly unlikely.
*** Altcoins ***
- Looking to make the following buys during this dip (depending on the severity). First buy wave is only 2-3% of portfolio to keep risk low; second is around 5%.
- First:
ALGO (1.76) | 
DOT (33.85) | 
RMRK (48.85) | 
CRV (4.15)
- Second:ALGO (1.64) | DOT (33.15) | RMRK (45.65) | CRV (3.60)
- Other: $POLK (.71) |
SC (.021) | MMOVR (245)
ETH breaks below trendline. Current support holding around 4350, low of ~4300.In the midst of typing this post, H4 Chaikin began crossing over zero line; expect a dip to as low of 4200 if momentum continues.
I could see a quick reversal accomplished through a hammer close on the current H4 candle (~4450), although since we crossed over it's highly unlikely.
*** Altcoins ***
- Looking to make the following buys during this dip (depending on the severity). First buy wave is only 2-3% of portfolio to keep risk low; second is around 5%.
- First:
ALGO (1.76) | DOT (33.85) | RMRK (48.85) | CRV (4.15)- Second:
ALGO (1.64) | DOT (33.15) | RMRK (45.65) | CRV (3.60)- Other: $POLK (.71) |
SC (.021) | MMOVR (245)
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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.