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...
