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Be nice if that was the retrace done for $ETH
18.7. klo 14.30
Big level for $ETH here
If we start to see btc sell off and solidify the divergence, it could mark a local top.
Alt momentum still seems fine atm though - just something I'm keeping an eye on
$ETH
I should clarify - "retrace done" in regard to the latest rotation on the 1hr timeframe.
I still think 3600 is a pretty serious level and wouldn't feel comfortable opening new swing positions until we put in a clear sideways range OR we retrace to a lower level. Former being my base case.
Primary scenario: range between 3360-3675 before higher.
Fallback scenario: Retrace to ~ 3.2k before higher.
Example:
28,34K
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