Total2- Update
Total 2 is still trading in a tight range. As suggested on Monday, as long as it trades in this range, PA will be volatile and any leveraged trades should be considered scalping. The plan for Total 2 remains the same: I expect more volatility for ETH and altcoins only if Total 2 manages to flip the 906B area and turn it into support. Once flipped, you will most likely be able to retest this area. On the other hand, 850B is a level that bulls should hold. Lose this area and I think we will trade a lot lower. Which scenario will happen will probably depend on external factors related to geopolitics and macroeconomics, including today's CPI data.
