Sunday Update 7/19

I still prefer being patient here. It doesn't seem like a place to force a trade in either direction, but we're getting close to some levels where I think the risk/reward becomes attractive.

I attached some charts (BTC/ETH/SOL/HYPE) with the levels and ranges I have marked out, along with alerts for if/when they trigger and some potential trade ideas around them. For BTC, I'd really like to see us trade back above $66K. For SOL, reclaiming around ~$80 would also be a really nice long setup imo.

Outside of the charts, there's been some renewed escalation with the US-Iran situation. I haven't really been paying much attention at this point since I think the main trade was already in crude oil (CL), which is up about 25% over the last few days.

TL;DR: Still shitty summer price action, waiting for not only easier but better conditions. Btc’s price action makes it difficult to find any trade in alts either