ETH is currently the center of attention, with market participants closely monitoring its price action at a critical macro resistance zone.
Nike tested the 200 D MA and attempting a reversal setting up an idea R/R setup.
MONITORING TO SEE THE REACTION AROUND THIS 200MA. 1ST TIME SINCE APRIL 2020
WEEKLY BEAR FLAG TESTING PRIOR LOWS NOW IS THE TIME TO MONITOR TO SEE IF BUYERS COME IN AT THIS MACRO LEVEL "IF" WE FAIL NEXT LEVELS OF SUPPORT ARE CHARTED
$LMT PULLBACK TO 50MA DOJI TYPE CANDLE SO FAR WILL NEED CONFIRMATION EOD. ADD IT TO THE WATCHLIST
41K ZONE IS HOLDS AS STRONG RESISTANCE IF WE CANT TAKE THAT LEVEL OUT POSSIBLE NEW LOWS FROM THE LIQUIDATION CRASH A FEW DAYS AGO
200 D MA AFTER A MASSIVE RUN GREAT R/R AREA GOING SMALL AS THIS IS RISKY SCALING IN LIGHTLY