ETH daily chart is approaching the teens as the bounces for oversold 4 hour conditions get more attractive.
I say more attractive because I am a weirdo attracted to charts.
Every 4 hour oversold bounce is a potential bottom for the daily oversold bounce we know will be coming sooner rather than later at these levels.
It is getting to the point where we may even see a bounce and little squeeze without BTC help.
Watching close for a scenario where some bears may get trapped and forced to cover quickly.
Until then we must be very patient as there is a lack of support.
BTC RSI remains more important to me as clearly bounces are not being indicated by ETH.
I have bids set looking for fills this morning for a flip.
I say more attractive because I am a weirdo attracted to charts.
Every 4 hour oversold bounce is a potential bottom for the daily oversold bounce we know will be coming sooner rather than later at these levels.
It is getting to the point where we may even see a bounce and little squeeze without BTC help.
Watching close for a scenario where some bears may get trapped and forced to cover quickly.
Until then we must be very patient as there is a lack of support.
BTC RSI remains more important to me as clearly bounces are not being indicated by ETH.
I have bids set looking for fills this morning for a flip.
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