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RE: BTC at a key support level, watch for bounce or breakdown.

in #crypto6 years ago

Update: 15min hidden bullish divergence in ETHUSDT. Flags forming in market in general. ETHUSDT is my play of choice, BTC is forming the best bull flag.

BTCUSDT

Bottom-fishing: set your stop at the breakdown level of the flag upon a bull entry.

ETHUSDT a break of 626 would negate a bull move for now, increased bear volume rejecting the 38.2% Fib support would be a big red flag. Search in higher timeframes for new bear target on a breakdown.
ETHUSDT 588 looks like a strong 4h support

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