My HTF bearish scenario was invalidated when the weekly candle closed above the major high.
On the $ETH chart, this happened earlier. Considering the multiple bullish HTF SMTs on #ETH at + PD arrays at the deep discount zones showing relative strength +ETHBTC, and #BTCD charts, I have already mentioned that I would rather long ETH than $BTC .
The same bullish confirmation finally appeared on the #BTC chart last week and after today's weekly close it would be confirmed.
My focus is exclusively on long entries at retracements. Although I have been posting only long sertups and entries on #altcoins since July
I will only flip my BTC bias back to bearish if a major low is broken on a candle-close basis.
Until then, my focus remains on buying dips rather than looking for shorts.
On the $ETH chart, this happened earlier. Considering the multiple bullish HTF SMTs on #ETH at + PD arrays at the deep discount zones showing relative strength +ETHBTC, and #BTCD charts, I have already mentioned that I would rather long ETH than $BTC .
The same bullish confirmation finally appeared on the #BTC chart last week and after today's weekly close it would be confirmed.
My focus is exclusively on long entries at retracements. Although I have been posting only long sertups and entries on #altcoins since July
I will only flip my BTC bias back to bearish if a major low is broken on a candle-close basis.
Until then, my focus remains on buying dips rather than looking for shorts.
