Looking for Eth to take out the 1350 high Stops then head back to rising trendline before pushing back up and out of the Ascending Triangle formation
Looking at the 1 hour timeframe on BTC it seems a BDW is playing out and could be a bottom reversal for some relief here.
Possible 1hr Ascending Triangle This will play out as long as BTC does not Shit the bed and start selling off also BTC.D needs to either Drop or stay neutral fro this trade to play out. Two possible entry points and take profit area marked on the chart.
on the 1hr timeframe it looks like a symmetrical triangle is forming if this breaks out it could run up 43% we need to be careful BTC dominance does not move up with BTC as that would hurt this long trade hence the close Stop Loss.
Looking at this 15min chart I can see a possible Broadening Ascending Wedge Top we have just put in a Higher Low and will now look for the Lower Low and break under the bottom of the Broadening Ascending Wedge trend line.
BTC Looks like a possible Start to a Wyckoff Distribution pattern. DERIBIT:BTCPERP