Ethereum going into consolidation. Not much longer.
Updated
Helloooo battletraders!
What candle pattern is the easiest to trade and has high probability?
Yes, inside bars. ETH closed in an inside bar on the weekly.
Doesn't get easier and more straightforward than this lol.
This one is pretty simple, no need for any useless indicators or clouds or waves .
Basic price action trading and looking at a downtrend.
We're getting closer to the downtrend, so now whatever happens we should see violent movement.
Either we break the downtrend and go to infinity, or fall down below the mother bar and then it's road to 500.
Every time this happens to ETH there's a big move after breaking never less than 20% (same with Bitcoin), you can go check since ever.
For education:
priceaction.com/price-action-university/strategies/inside-bar/
investopedia.com/terms/i/inside_day.asp
+++ I am not a financial advisor (good luck finding one in crypto). Trade at your own risk +++
What candle pattern is the easiest to trade and has high probability?
Yes, inside bars. ETH closed in an inside bar on the weekly.
Doesn't get easier and more straightforward than this lol.
This one is pretty simple, no need for any useless indicators or clouds or waves .
Basic price action trading and looking at a downtrend.
We're getting closer to the downtrend, so now whatever happens we should see violent movement.
Either we break the downtrend and go to infinity, or fall down below the mother bar and then it's road to 500.
Every time this happens to ETH there's a big move after breaking never less than 20% (same with Bitcoin), you can go check since ever.
For education:
priceaction.com/price-action-university/strategies/inside-bar/
investopedia.com/terms/i/inside_day.asp
+++ I am not a financial advisor (good luck finding one in crypto). Trade at your own risk +++
Note
Bears are back in full force again. Looks like mountains. Looks beautiful.Let's see what happens at 787. Maybe I'll send a bit of money to short it by then (already shorting BTC).
Note
If I had more free time I'd have shorted ETH rather than BTC and with a bigger amount...Idk road to 500 possible. Probable even. Will have to look at when it's a good idea to buy cheap...
There's also all these others alts... ADA looks amazingly juicy... NEO...
Gotta short to make money to start accumulating all these cheap alts, and BTC too.
Note
This can help find tops and bottoms.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.