ETH finally popped!Short and sweet,
The stacked orders have finally been popped, I said it 3 times this week, the longer that we wait for the orders to be stacked the more impulsive the move would be.
Whales ate up the short stops and liquidity causing a rally.
If you know the they the market moves spotting things like this is easy, don't think like a retail trader if you don't want to be a retail traders.
As always trade safe,
EnvisionEJ
ETHUSD-TRADE
Trade opportunity after the 360 breakoutPosting my idea because why not.
Blue line is the entry point after the 360 breakout. We are experiencing an expected pull back testing back the blue line. We have red line has a stop loss. Expected to see a bounce back and an other break at 380 wich will give us an occasion for an other entry point.
Stop loss will be adjusted based on the direction and acceleration of the price.
Very curious to see how it will play out.
Do what you want with this information.
Godspeed fellow trader.
ZipZapZoop,
I'd like find Bottom & Top, ETHUSD.Without procrastination in the price we're seeing fall immediately after raising wave . Role of pin-bar is very important in this case.
ATR(at 40 points) is useful to decide next week candle range prediction.
For example , suppose current candle closed at 210 + ATR 40 = next week target 250 nearby.
Let's move to lower time frame:
hit:put the alert for price crossing outside of upper/low bound of the parallel channel.
CONCLUSION : As per ATR and Candle observation, Keep buy until price is above 198.
I"d like to find bottom and top mostly. We need patience here.