Thursday, June 10, 2021 9:36:26 PM
Both BTC and ETH appear to me to be range-bound.
Here are daily charts, one bar/day -
https://schrts.co/VxGhrKzn
https://schrts.co/NwWJMCIp
Here are 4 hour charts with the same range. Since crypto trades 24/7, 6 bars/day -
https://schrts.co/vgIjMFVm
https://schrts.co/ZHSkxmwu
I am still holding cash. Watching to see if another move down occurs, or if it breaks above the range.
If we get one more down leg, and I see a high volume bar, it looks like a bottom, I will jump in.
If it breaks above the range, it looks like it's off to the races, then too I will jump in.
My finger is on the trigger. GLTY.
Here are daily charts, one bar/day -
https://schrts.co/VxGhrKzn
https://schrts.co/NwWJMCIp
Here are 4 hour charts with the same range. Since crypto trades 24/7, 6 bars/day -
https://schrts.co/vgIjMFVm
https://schrts.co/ZHSkxmwu
I am still holding cash. Watching to see if another move down occurs, or if it breaks above the range.
If we get one more down leg, and I see a high volume bar, it looks like a bottom, I will jump in.
If it breaks above the range, it looks like it's off to the races, then too I will jump in.
My finger is on the trigger. GLTY.
My posts are my opinion. Always trade at your own risk.
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