DIS had a recent Triangle Breakout. Retest Top of Triangle Trend direction for more downward movement likely but possible bounce support Area at current lvl. Could be a good opportunity to open a position if we get further signals/ confirmation by breaing down the traingle or bounce as new support here. - Volume is decreasing - RSI broke down under 60...
Long with tight SL in mind *ETHBTC works 4 me kinda or part of my Altcoin-Indicator overall. we can see RSI Bull div on the 4H chart We are moving away from the BB > incomming tightening - we reached the recent Low Zone, if we Bounce here there it could lead to some good Mid-Longer Term gains. - If we fall thru this support and making new lows -...
If we see Support at this Levels, we are still pretty bullish on the run to our next Target on the longer timeframe. Crypto is 70% Fundamental / 30 % Technical Alot of news and for sure some FUD going around: - ETF declline Rumor - social sentiment on +++hype lvl -HitBtc Rumor / Twitter Influencer warning to withdrawal funds (Funds Are not SAfu here...
Possible short Term C&H forming 1H Chart