Most of my titles are pondering, watching, stalking. That sort of thing. I see the potential setup according to my trade rules and sit on my hands awaiting. This one is no different.
Bunch of Alts look basically the same. Showing a spike down to an area that has shown some strength as a level in the past. If you draw levels, go right to left. Decide on strength of level. Have things you watch for, and trade on.
I'm on the lookout for a swing failure pattern, as always will depend on context, how price moves into the area and overall market strength. I get the sense that this next little bit will be BTC/ETH focused however, will keep an eye out.
Don't get too hung up on the candles in blue, just showing what an SFP may look like. Results will vary.
Bunch of Alts look basically the same. Showing a spike down to an area that has shown some strength as a level in the past. If you draw levels, go right to left. Decide on strength of level. Have things you watch for, and trade on.
I'm on the lookout for a swing failure pattern, as always will depend on context, how price moves into the area and overall market strength. I get the sense that this next little bit will be BTC/ETH focused however, will keep an eye out.
Don't get too hung up on the candles in blue, just showing what an SFP may look like. Results will vary.