Sooo... its time for another one of those. My take on possible BTC accumulation pattern and its progress so far.
This is just a possibility on what might be going on for ENSUSDT pair. there is still a huge dump ahead, so it would align with general agenda on BTC, because general sentiment is that we are going to hit new lows
that does not look too bright from the first sight. and simple approach is usually the best approach.
We have a probable range forming on btc, so it would be wise to make use of that. possible short setup would be the top of a range, all the way down to the lows with TP1 at POC/WEEKLY/nPOC/dOPEN and TP2 at the bottom of the range. possible long setup would be if btc broke the range to the upside, then we could be looking at the TP1 with the low of the previous...
$algo has reached significant support area and might give nice LONG trade if given the right context, and of course if $BTC keeps trending sideways, or forms an uptrend.
DXY has printed tripple top at the HTF monthly FIB #CC channel, this could end up with a massive downtrend, which would give BTC a chance to proper pump
XRP is looking to move up a bit, if BTC wont go down freefalling.