$BTC and $SOL once again at the 4H 200EMA and $ETH now approaching the 8H 200EMA. Important to watch how price reacts at these levels. We either reject again or push higher and send the whole market higher.
$BONK trend broke.
Looking at the yearly open to hold and if it doesn't then that key support area below would be a great place to bid.
Also watching for a reclaim of the trend, for likely continuation to the upside.
$BONK
Trend here seems to be the 12H 200EMA/MA and as we approach this trend while at support, it feels like a great area to start looking to long/buy.
$BTC is at key support currently and with lots of daily nPOC levels above then it's not unreasonable to think that the support will hold and we go grab those levels above.
Alternatively if support is lost then the highest confluence area seems to be around the nPOC at 53.5K.
$BTC continuing to consolidate between the 4H 200EMA and 100MA. A decisive move above or below either of these levels is likely to indicate the future direction of the market.
Since the 4H trend has broken, I am now looking at the daily levels, such as the key support at 50.5k-53k, the 1D 100MA and 200EMA. Until the 4H 200EMA is broken, I expect at least one of these areas of interest to be visited.
$ETH rejecting at the 8H 200EMA. No need to rush into a position until this has been broken. I think the most likely thing is we stay below this trend for at least a couple weeks before we trend upwards again.
Will continue to monitor as we could easily break up much earlier.
Watch $ETH here, as it is at key resistance. A break of the 8H 200EMA and the 8H high volume break down candle, likely results in continuation to the upside.
Rejection here and we will need to consolidate for a little longer before trancing upwards again.
$BTC
Currently I'm not trading this chopfest and waiting till the market starts trending again or gives me an A+ setup that conforms to my strategy. With the halving coming up, I expect volatility so it's important to not get impatient and chase positions.