The cue ball started the week briskly with a breakdown of the triangle on 1D.
In a good way, it wouldn’t hurt to retest the $71,400 level with a stake to $70K (where the descending triangle is located) and below, to land fresh long players.
If it consolidates above the mirror level of $71,400, then we can safely wait for a new transition. How far it will go higher is difficult to imagine, but in my opinion, the $76-78K zone should be touched. I have already said several times in previous reviews why this particular zone.
Ethereum also started this week briskly with growth and further, in order to continue to grow, it is necessary to break through and consolidate above the 1Week level of $3650. Because The dominance of the BTC.D cue ball is growing and has already broken through the important level of 54% (we will see further), now it is important for ether and all other alts that the cue ball also continues to grow. Otherwise, with the loss of the cue ball and the growth of its dominance, the alts will have a bad time. And you can forget about the level of $3650 and above for quite a long time.
