Smart
If you are holding an alt coin that is below a falling daily MA 200 and has just bounced, that is a bounce in a downtrend.
It’s OKAY to sell or trim down a losing trade that just recovered a little bit. Will make your next decision easier. Trends tend to continue.
#CRUDEOIL weak rebound that can not challenge 65.2 levels will risk breaking down 55.1 during the next re-test. Monitoring the strength of this second rebound. If each rebound is finding sellers at lower levels that shows the sellers willingness to push prices lower.
Monitoring the monthly close on $DXY. 99.5-101 area continues to be support. No breakdown confirmation. A rebound from here for a slightly better Month end close can keep the trend intact.
$BTCUSD respected the year-long average in its latest correction. So far this can be read as an uptrend. A weekly close above 91.2K can put price back into 109K-91.2K range in search for a bullish continuation chart pattern.