I'm long ETHBTC but we potentially hit some resistance. Looking for an eventual break here.
Bull flagging while hugging below the 100 Daily MA. Coil ready to explode up.
Looking for Bitcoin dominance to drop over the next 3-6 months
Over all moving averages on the hourly. Owned by Binance. Low market cap.
Long bitcoin with a target to the previous breakdown range of 7600-8000. Risk of below 6k at about 5700.
ETH is flagging in a rising market. This is a high % continuation.
BTC broke through the latest upside trend line, but on low Sunday volume. Let's see if we close there and if volume picks up and breaks through the next support level of 7600ish. The wicks at 7600 suggest there is buying pressure, but a break could take us down to 7200-7250. Based on the record volume we saw in the 7200-7600 area I'm not expecting it to be so...
Short-term trend line support on BTC/USD from 5k uptrend. Key price point.