2022-04-12 20:05:32
Hey guys ,we've been seeing a bit of relief into the day as expected.
Levels to watch out for:
- BTC =
H1 trend @ $40,400-40,500. Break it and we go for H4 trend retest higher (41.5-42.0k).
- ETH =
H1 trend @ $3,030-3,050. Break it and we go for H1 trend retest higher ($3,150).
Tldr:
- Some relief from 39.2k as we could have expected,
- Nothing crazy and straight into H1 trends that have acted as strong resistance since we started breaking down 45/46k.
- Would need to crush these LTF levels if we were to see bigger relief.
- In any case H4 trends are still strong and down, if you're playing longs scalps, H1 and H4 trends should be your main targets.
Chart:
https://www.tradingview.com/x/BuycdYKb/
4.6K viewsFirelogger, edited 17:05
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