NOTE: XBT closed with the bearish “higher high” reversal pattern which usually brings more downside — however XBT will not trade for the next 2 days.
Meanwhile ETH’s clock continues to tick as we’re now on day 4 of a reversal pattern which is the highest prob day for a move up to test the moving averages.
We show yesterday’s charts again as they are all still very much in play including trading and stop ranges.
We add EOS’ chart to show that key altcoin is now near key levels as well and high prob will be an indicator for the broader altcoin market.
As noted yesterday, even if we take the bearish path here and drop down to test the 2018 lows for BTC, probabiliteis say it’s an IT/LT opportunity to scale in SLOWLY as it’s high prob (not guaranteed but high prob!) we’ll see the $7250 level again and possibly much higher at some point in the intermediate term
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