#ETH UPDATES ....

#USSeptemberJobs29K $BTC BTCYesterday’s daily candle left behind quite a large wick to the upside. Whenever BTC prints a wick like this, it often tends to get filled by at least 50%, as violent moves like these usually leave behind a lot of liquidity, which price then comes back to, to sweep. Therefore, I believe it is likely that price retests the range highs once more before potentially continuing lower towards the range lows. From there, we could see a short deviation below these lows followed by a quick reclaim before price continues its broader uptrend. However, I believe it’s more likely that we continue ranging for a little longer first, engineering more liquidity on both sides before that happens. After all, price has only been consolidating between $83kand $87kfor roughly two weeks now, while ranges like this can easily persist for several weeks before we eventually get a confirmed breakout. $BTC $GT $ETH

Still actively accumulating spot positions in Altcoins while staying flat on leverage. I only trade $BTC $ETH and couple of other large caps on the futures account and they have been stagnant for the past few weeks. Hence lesser updates. I think if there is another leg higher on BTC many Altcoins will aggressively rise hence focusing more on that instead of burning my energy and capital day trading.