lets take it quick and make it simple. As Weekly closing is just 1 hour in front of us here is what Im personally watching for:
1) 1h for a downtrend breakout (best with retest) 2) 20h for very likely and possible inverted H&S (Head & Shoulders) pattern and 3) Weekly for holding of the major simple uptrendline
all 3 as seen on chart
if 20h and Weekly can hold current ranges the breakout of hourly is very possible and nice bounce can be played and it could be a major Wave 3 as tracked by previous idea because so far ETH follows BTC literally collerated not much %dominance diff (when it changes I will either change my mind and thinking)
ChaChain ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.