Potential MACD death cross on BTC 1D means we could possibly see more downside.. I am bullish on bitcoin in the long term but i think the daily stoch RSI needs a full reset before the bull run starts. Using simple line graphs ive outlines confirmation points for long or short trades.
ETH sitting on thin ice.. a break under 207 and we should test sub 200 levels again.
A break under 6570 the current TD support and we should have a decent dump, we are sitting on support... although bulls are fighting and a break of the triangle to the upside and we should test 6820 again.
NPXS a solid project looking at a nice reversal, called this one in my vip group at 23sats last week. -just had coin burn -7% airdrop in 2 days -looks like just completed a inverse head and shoulders pattern and recently broke its triangle.
As mentioned in my previous idea a break under 6890 and we will continue downwards. This new chart is outlying new crucial support levels, my personal view is that if we don’t hold above the 0.5 fib line things will get pretty messy.
BTC Short opportunity.
For educational/reference
Just my thoughts on a possible path for NEXUS.. RSI could come down a bit lower then a nice bounce. Possible head and shoulders on 30m if it gets rejected quite bullish.