$ETHBTC finally took out the 0.067801 pivot that we've been calling out for some time.
Being a higher timeframe pivot it's very common to see a reaction when these pivots get tested.
Pro tip: There's edge to be had for short-term traders who can identify these pivots as areas to provide liquidity.
Lastly, big picture $ETHBTC is now Monthly momo down with the 0.066 pivot now in play.
Prior note on $ETHBTC here-
$ETHBTC update
Daily outside bar caught some longs offside.
$ETHBTC now 🔴 all on major timeframes.
Weekly inside bar reversal continues to play out with the 0.067801 pivot in play.
Monthly shows a possible outside and down scenario setting up or possibly outside and inside for February with the 0.066 pivot being the main pivot in play.
Remember that price leads narratives - so don't wait for the why, just respond.
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