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BTCDOM, BTC and ETH / altcoins relation in mega bull runs
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$ETH made a CHoCH on the internal structure, but it has just reached the resistance we are following for the 4H trend. We're following price action around 3,555 resistance. The first signal for a reversal will be taken by breaking here. Then, after a correction swing, the upper red box, which is the important Supply Zone in 4H, will be targeted and we will wait for a rise until there. There is no need to FOMO and increase risk without breaking these resistances because it will remain as a correction of the decline in the main trend movement. Don't forget to follow these key levels.
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$BTC made a quick bounce with the trend break in the hourly chart, but it has just reached the resistance we are following for the 4H trend. The 99,540 resistance has not changed. The first signal for a reversal will be taken by breaking here. Then, after a correction swing, the upper red box, which is the important Supply Zone in 4H, will be targeted and we will wait for a rise until there. There is no need to FOMO and increase risk without breaking these resistances because it will remain as a correction of the decline in the main trend movement. Don't forget to follow these key levels. #BTCNextMove
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$PEPE You can follow the explanations I wrote in my previous post, they are still valid. It rose to the red line but could not break, it remained as a retest of the decline as the current view. This level needs to be broken.
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$PNUT seems to have bounced from the OTE region in the correction of the big rise. It seems to have made a CHoCH in 4H and turned its direction upwards and if the double bottom formation works, the target is 0.98 but there is the 4H Supply Zone (the bottom red box) that it must overcome first. However, the old high in the Daily is very high (red line - 1.4037) and the start of the daily uptrend is not confirmed until the candle body closes above here. Again, there is another important region (the top red box) when it comes to this level. This region is the exact midpoint of the big rise and has worked as support many times before and had a bigger decline in its last break. Therefore, this region should be won with voluminous candles. Otherwise, it is expected to work as an important resistance before the new daily high.
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