#BTC update
Clearing mentioned red candle would be the first indication that Sellers are exhausted and after that long would be beneficiary.
Until that, sweeping all lows(62.2k) along with taking out potential FVG around 61.5k to 60.8k would be the second scenario.
#ETH update
Eth is struggling to clear 2660-2670 area in first go.
Clearly market is making swing Lower high and lower low, Therefore clearing this area will be the 1st indication for upward momentum.
Shorts could be played keeping SL just above this swing high.
MtGox refund was thought of as a bearish event, yet we reached 70k.
Now, FTX is giving refunds of 17 billion, and everyone is ultra bullish. I will be careful here. 🎯
MtGox refund was thought of as a bearish event, yet we reached 70k.
Now, FTX is giving refunds of 17 billion, and everyone is ultra bullish. I will be careful here. 🎯