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Those little white lines i speculated on did confirm we chopped then sent.
Idk man, i like the charts.
Now imo chop a little, consolidate, and we figure out if its a push to 4k or we make a lower high.
Aug 3, 01:51
I dunno man, lot of stuff looks so oversold on timeframes right now.
A relief bounce really feels like it's in store here, at least short term.
ETH specifically
Daily RSI over 50 still (seems that is still bullish imo)
4hr RSI all the way down to oversold
1hr RSI all the way down to oversold
and every single other lower time frame
RSI's sit under 30
Usually means a decent spot to look for some level of relief.
I wanna see some higher lowers and a few decent green candlesticks before going long
But i think leaning slightly bullish for a relief bounce over the next day or two isn't the worst move
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