Washing out is occurring; the larger the wash, the bigger the subsequent move. Looking forward to the market trend that follows.
Sol is the strongest; feels like funds are entering. BTC is slightly weak with a long lower wick on the daily. ETH is the weakest, being suppressed by the 1-hour trendline. BTC's daily long lower wick is waiting for the next daily candle to confirm direction. Relative to 94000, the bias leans more toward going long. Not sure if there will be a chance for a wick dip before the next move up, that way we could capture more.
Washing out is occurring; the larger the wash, the bigger the subsequent move. Looking forward to the market trend that follows.
Sol is the strongest; feels like funds are entering.
BTC is slightly weak with a long lower wick on the daily.
ETH is the weakest, being suppressed by the 1-hour trendline.
BTC's daily long lower wick is waiting for the next daily candle to confirm direction.
Relative to 94000, the bias leans more toward going long. Not sure if there will be a chance for a wick dip before the next move up, that way we could capture more.