As I've repeatedly explained I like 3600-3700 level for short-term ETH. Here is a simple hypothetical roadmap to go there. Look for a pullback to 2600s in the very short-term.
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I feel like ETH wants to go more even right now btw. This pullback would be a gift to sideliners. I believe BTC can drag the market down and ETH can resist around 2600s.Note
Make it longer or deeper. It shouldn't break up this quick.Note
I'll sell some around here. But bullish on BTC pair at least. Let's see what ETH is cooking.Note
I mean it can just print a god candle to 3600 but ~3200 is a major level.Note
The fact the we came here with almost no horizontal consolidation from ~2200 is bothering me. That's why I'm talking about selling.Note
This will probably find its climax soon to dump it back to ~2600.Note
And open interest is near 2021 levels needless to say.Note
Ngl I am almost entirely out :D I hold a bunch of alts still but ETH is just making me nervous at this point.Trade closed manually
Entirely out of ETH. Not my chart.Note
It can just do its thing all the way up. Or it can't. I don't care. It'd probably look like an eiffel tower in the end even if it does.Note
And yes the profit goes directly to DOGE :DNote
Imagine losing against thin air. Still hope it won't.Note
I can actually buy some ETH just to support it against Bitcoin.Disclaimer
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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.