Four days stuck between 1.243 and 1.263, so boring I almost stopped looking at it. Then the 17:00 hourly ripped to 1.2877 on the biggest volume since the Oct 29 flush. While BTC is still red on the day, that's a bit interesting honestly. Now at 1.284. For me the retest matters more than the candle. If 1.274 holds on a pullback, 1.30 and then 1.308 are the next spots, that's where it dumped from last week.
If it slips back under 1.263 and closes there, the whole breakout was a trap and we're back in the box.
$ENA still bleeding slow bro. Since the Oct 29 flush it never really got back up, just lower highs every day under the falling EMAs.
Last night around 20:00 to 22:00 it lost 0.178 and slid to 0.168, and since then it's been stuck in a tight 0.167 to 0.172 box for almost a day. Volume dried up too, sellers look tired but buyers aren't showing up either.
For me 0.1725 is the line. An hourly close above that and 0.179 opens up quick.
Lose 0.1667 though and there's not much till the Oct 29 wick near 0.165, honestly that would be ugly
This is the SOXL token on Binance, the 3x chip ETF, so when semis sell off it moves fast.
Yesterday it was sitting near 82, then the US session dumped it straight through 77 and it kept going overnight to 67.59 around 1am our time. Since then just a weak bounce. Every push gets sold under 72 and now it's sitting around 69 with both hourly EMAs pointing down.
For me 67.6 is the line. An hourly close under it and there's nothing on the chart till about 65. If it can get back over 72 and hold it, I'd call this a flush and 76.7 comes back in play. Until then I'm not touching it, way too heavy.
$TRX is a weird one right now. Thursday night it ripped from 0.33 to 0.365 in one 4H candle on monster volume. Since then it gave back every bit of it and kept going.
Now sitting around 0.313, lowest on my chart this month, and it slipped under the 0.327 floor it held for weeks. Volume is quiet on the way down, which honestly tells me nobody is rushing to buy it here.
For me 0.327 is the line now. A 4H close back above it and this was just a shakeout after the pump.
Stay under it and I think 0.305 gets tested, maybe 0.30 round number after that.
$ETH has been stuck in the same tiny box for like 30 hours now.
After the Oct 30 dump from 2370 down to that 2174 wick it just parked between 2208 and 2262 and volume is drying up every candle. Today's 4H bars are the quietest in weeks honestly . For me this is a pause, not strength yet. Both 4H EMAs are still sloping down above price around 2280 to 2320.
A 4H close over 2262 and I start watching 2318 again. Lose 2208 on a close and that 2174 wick probably gets tested properly this time.