ETH.BTC (Y21.P1.E12).Looking to go long
Updated
Hi Traders,
I was planning to do this yesterday however I got caught up with a few things, and today, I so far got it right based on the price action.
This is what I had drafted.
Revisiting ETH BTC pairing as I would like to find the moment ETH goes against BTC.
Note: This is a continuation of the previous post, link provided below.
Observations:
a) Daily has a hidden bullish divergence, which is either played out or playing out.
b) Fib level support, looking at the next fib as resistance 0.5
c) Passed the 10/20 daily ema
d) Indicator, MACD daily crossover and confirming hidden bullish div.
e) Indicator Phoeix, red and green RSI above 50%
f) Expanding funnel structure is usually bullish in nature and hence my thoughts go to the livermore model.
In regards to the inverse H and S, many thought that it was taking place. Not the case.
Time for the flip.
All the best,
S.SAri
ETH.USDT
daily > my thoughts, the 2nd daily has the Livermore count, I wonder if this will play out...if so, then 5k to 10k doesn't sound ridiculous.
weekly (yesterdays screen shot)
I was planning to do this yesterday however I got caught up with a few things, and today, I so far got it right based on the price action.
This is what I had drafted.
Revisiting ETH BTC pairing as I would like to find the moment ETH goes against BTC.
Note: This is a continuation of the previous post, link provided below.
Observations:
a) Daily has a hidden bullish divergence, which is either played out or playing out.
b) Fib level support, looking at the next fib as resistance 0.5
c) Passed the 10/20 daily ema
d) Indicator, MACD daily crossover and confirming hidden bullish div.
e) Indicator Phoeix, red and green RSI above 50%
f) Expanding funnel structure is usually bullish in nature and hence my thoughts go to the livermore model.
In regards to the inverse H and S, many thought that it was taking place. Not the case.
Time for the flip.
All the best,
S.SAri
ETH.USDT
daily > my thoughts, the 2nd daily has the Livermore count, I wonder if this will play out...if so, then 5k to 10k doesn't sound ridiculous.
weekly (yesterdays screen shot)
Note
note the macd crossover on the daily for both.
Note btc pairing, 10\20 daily ema now support
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This community has signals now but with no risk management comms.
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