⭐ Merited by El duderino_ (2)
Bottoming action on ETHBTC (and other ALT/BTC pairs) continues. The daily bullish engulfing confirmed, and now we're well on our way to a three white soldiers formation. The weekly chart now shows a bullish engulfing and hammer reversal candle. This is a clear rejection of attempts to sell below this bull trend:
Still got my fingers crossed that altcoins rally during the next major BTCUSD correction. That will be very telling about the months to come, not to mention profitable.
BTCUSD pushed another local high, almost touching $19K. I'm rolling long stop losses up below the $18,350 hourly pivot.
The Fear & Greed index is at a monumental 94:
The last time the index reached these heights, it was at the top of the June 2019 rally:
Careful out there! Don't be too greedy, especially when leverage is involved.
Still got my fingers crossed that altcoins rally during the next major BTCUSD correction. That will be very telling about the months to come, not to mention profitable.
BTCUSD pushed another local high, almost touching $19K. I'm rolling long stop losses up below the $18,350 hourly pivot.
The Fear & Greed index is at a monumental 94:
The last time the index reached these heights, it was at the top of the June 2019 rally:
Careful out there! Don't be too greedy, especially when leverage is involved.