$BTC Gentle Sunday again, everyone 😍
💥 Htai a trai $BTC still has nothing changed from yesterday's post, everyone.
Although the small frames seem positive after the rebound last night. But the patterns in H4 and D1 have not broken, as the price is still hovering in the range of 104.8-106. Not breaking out at 106.5-107.
💥 For those holding ETH, SOL, PEPE, please note:
- SOL and PEPE have a small head and shoulders pattern in H4, currently retracing in the last cycle. If rejected at 147.601120 and drops down to break the old bottom, it will decrease further.
- ETH is stronger, so the neckline has not been broken, still forming the head and shoulders pattern in H4. Need to pay attention to the area of 2498, if it breaks down --> 2440-2380
Holding 2500 means it can still bounce back ❤️ and pull other altcoins that are forming the same pattern back up.
--->>> The general cautious principle is not to enter a trade when the price is fluctuating close to the neckline, as it is easy to get whipsawed.
--->> bG often says, the pattern can still form to trap, so the most important thing is the price levels to confirm or not.
💥 Other altcoins, everyone should observe along with the BTC or ETH patterns. bG reviewed some codes at the top of the list, so just a note.
💥 The market is still weak in both sentiment and capital flow, still waiting for buying force to push 😆