$ETH tapping the lows almost perfectly. Look how tight those candles were on the 4HR. Quick flip of the Phantom, but the jury is still out on a fakeout here. No real reversals or bottom signals off this move, at least on LTFs. On the Daily, however, we've got a decent SOS reversal candle for today. If this holds, and confirms tomorrow, we've got a good chance at relief.
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$ETH tapping the lows almost perfectly. Look how tight those candles were on the 4HR. Quick flip of the Phantom, but the jury is still out on a fakeout here. No real reversals or bottom signals off this move, at least on LTFs. On the Daily, however, we've got a decent SOS reversal candle for today. If this holds, and confirms tomorrow, we've got a good chance at relief.