right so this is what im seeing, the chart showing right now
a pullback to 102800 approx is absolute for a healthy change in trend. this pullback is backed by 3 points,
1 no such volume in the pole and flag pattern breakout
2 liquidity which works as a magnet is more in down, market will eventually make a new ATH but it wont make that ath until grabbing all the liquidity and leaving retailers in fear.
3 we're at a good strong resistance and the daily close today was showing sign of weakness and possible change in trend.
a short with sl above 109000 can be done,
wont short eth but i have some alts in mind with some scalp short chances
ethfi, cake, aave, link. trading in alts are risky so make your own judgement, im no financial advisor
thanks
a pullback to 102800 approx is absolute for a healthy change in trend. this pullback is backed by 3 points,
1 no such volume in the pole and flag pattern breakout
2 liquidity which works as a magnet is more in down, market will eventually make a new ATH but it wont make that ath until grabbing all the liquidity and leaving retailers in fear.
3 we're at a good strong resistance and the daily close today was showing sign of weakness and possible change in trend.
a short with sl above 109000 can be done,
wont short eth but i have some alts in mind with some scalp short chances
ethfi, cake, aave, link. trading in alts are risky so make your own judgement, im no financial advisor
thanks
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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.