I got my trading done this morning
But I’m not feeling very happy
Because I sold too early
After the weekend’s big dip in Ether briefly came back, I bought everything again
This morning, after I finished the session, I took a look
On the daily chart, BTC hasn’t closed above 81500
So I moved half of the BTC position out, and fully exited the ETH position
It only took about 5 minutes before it started pumping again
Luckily, there’s still some BTC left
As long as BTC can hold above 81500, the market will be looking to challenge 85000
For ETH, it’s currently around 2700; the 5-day MA120 resistance is near there. Once it breaks through, it’ll target the 2800–3000 range
Right now, BTC has only just moved above 81500
Here, we should wait a bit and enter when it consolidates and stabilizes
Currently, the strongest trend at the higher timeframe is on the 2-day MA
Whether we can see a second leg of the upward move depends on whether the strong trend on the 2-day MA can continue
If it continues, hitting 90000 to 95000 for BTC is not a dream—$BTC