BTC ETH response plan
After Bitcoin fell to the 4h ema200, it rebounded strongly above the daily ema20. Let's take a look at the shock pattern here. If the pattern is good (higher lows, long lower shadow), it indicates that the decline is over and continues to rise. If the pattern is bearish (the high point becomes lower and the upper shadow grows), there is still a decline.
At present, it seems to be a neutral shock, lasting about 10 days.
Ethereum is relatively weak and only rebounded to the daily ema20, the same idea
Use this rebound to screen the currencies in the market outlook, and select targets whose decline is smaller than that of Bitcoin and whose rebound is higher than that of Bitcoin.
