$BTC $ETH
Today's scenario is a bit chaotic, friends.
Yesterday, BTC closed with a green doji candle, but ETH closed with a red candle.
This indicates that BTC is positive and ETH is negative. Therefore, BTC will range tightly according to the doji candle and may slightly rise, so BTC will maintain its SW position.
As for ETH, it's tougher due to the red candle closing.
In this short-term case, it's a bit difficult to confirm the signal because BTC is a green doji candle. So, let's move on to $BTCDOM .
My scenario is that BTC should close with a red candle and have a wick at 114,400, and today BTC will slightly recover and drop to take that red wick and close with a green candle at around 114,800. Next day, it will start to rise with a strong green H12 candle.
But currently, it is a green doji, so it's slightly off. Thus, it's a bit hard to catch the signal. I'm also a bit at a loss in this case.
Currently:
- BTC at 115,233 is (-0.15%)
- ETH at 4530.81 is (+0.12%)
This is a short-term long signal. So, keep an eye on BTC dominance, friends, in short-term trading 😉
But ETH is closing with a red candle, so be careful with SL.