Good morning everyone,
Today I'm going to the branch, so I'm on the bus right now and able to access the app 😆
Here's a little update for our team:
💥 The resistance is $BTC in the direction of M15 & H1, so it can go back to test 111. But H4 & D1 still have room after the good news about JOLTS yesterday.
---> It's still as we noted, 111.7 & 112.5 is a strong resistance --> if we break through, it can bounce back up to 113.5 and wait for news to shape the trend. Tonight and tomorrow night, there will be a lot of volatility.
---> The key level is: 111
--->>> To be able to return to the uptrend, the D1 frame must hold above 113.5 for a few candles for the recovery to be stable, and closing above 115 is needed to break this downtrend. It's not just about seeing green to increase, as I clearly wrote in September, there will be many strong waves 😁
💥 The girl $ETH broke through the resistance we noted yesterday, returning to the recovery rhythm, currently testing 4490 but hasn't passed.
The areas to monitor: 4490-4500 --> 4555-4660
4430-4420 --> 4360-4350
---> Holding 4420 means we can continue to recover.
--->>> H4 & D1 closing candles above 4500 and holding above that can lead back to the "road to glory" 😍
💥 The altcoin index is currently at 60-65/100 and BTC.D is still around 58% --> the market is entering the “testing the waters” phase --> potential alts may break out, especially under pressure from macro and ETFs. Small alts haven't shown yet!
💥 All price resistance & support levels are calculated based on H1 candle closes.
💥 Discipline, good capital management, avoid FOMO.
💥 Personal opinion, not investment advice. The market is extremely fierce and sensitive, always be cautious!
--- Love all ---
