* As expected, ENJUSDT retraced over the weekend. * This sets ENJUSDT up for a cup and handle on the weekly timeframe, confluent with the larger inverse H&S that is forming. * Confluent cup and handle and inverse H&S are forming amongst many smaller cap altcoins. * Be aware of the larger picture, especially DXY.
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Breakout of neckline/cup. Currently testing previous 1.97-2.03 resistance to establish it as support. Either take profits and buy in later at $2.00, or just hodl till $2.80-3.10.
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* Classic bull vs bears fighting at BTCUSDT's heavy 50K psychological resistance level. * BTC.D is also dropping. * LONG ENJUSDT, LRCUSDT and DENTUSDT--which are on the cusp of completing their cup and handle pattern--if BTCUSDT breaks 51K.