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Nice developing PA on $BTC and $ETH
Bitcoin bounced on weekly 7ema area ✅
It’s also reclaiming the lost support and daily looks ready to run the highs (hinted by daily stoch rsi)
Eth is a little trickier, LTF successfully made a higher low, stopped out in profit on my short, due to that, I placed a long before the break (invalidation = validation of opposite plan)
Eth daily swept wicks and bounced off daily ema’s ✅
4h ema bull flip ✅
Daily stoch rsi leaving oversold, not as strongly as Bitcoin though
We could get another LTF retrace or consolidate until weekly 7ema catches up before running higher
Given the fundamentals on eth with supply/demand dyanmics plus weekly/2weekly and monthly rsi trend break shared last week, it’s a waiting game for eth to run it’s ATH’s