Oh shit , here we go again! After POS migration all ETH which buyed for receive ETHW must be sold Also we have similar pattern like downtrend @ may 2022
1) FORCE -DIV 2) CCI - DIV 3) MACD - No signal 4) Stoch - NO_BUY_SIGNAL TP1: 1060 area TP2: 930 TP3: 750 SL: 1228
1) Stochastic DIV 2) CCI DIV 3) MACD reversal cross 4) Force divergence TP1= 10 TP2= 11.2
Bounce from 1240 line and try to start new downtrend, TP1=1184 TP2=1000
Classic correction model, buy with target .618 or .618-786
If price cross the bottom line - open sell with TP1=136.66 TP2=130.0 SL=141 R/R=3.2
Price volatility is very low now, I'm will waiting for breakout, and open position after that
Same stochastic pattern, SL and TP will be set when downtrend will start. Search entry point on a lower timeframes
Now is a good point to open short 1) MACD - sell signal 2) CCI - exit from overbuy level 3) BBW - start a new trend
TP1: 1278 TP2: 1300 TP3: 1333 If price will cross 1200 support level- this idea will be canceled
1 ) MACD almost sell conf. 2 ) CCI - bear div. 3 ) price closed below ema
- some cycle pattern - parallel channel (4 support point for top line , 2 support point for bottom line) - CCI spike But we must wait a little bit, a 1-2 week maybe
I think that may be 3rd wave down CCI - overbuy Stochastic - fast line move to overbuy - it's may be a signal, if you in a bear trend
MACD divergence, good place for short
Total overbuy by all indicators. Sell when price broke last min r\r 3.3
If price will bounce by 117.45 level - sell with target 115.2-5, it will get r\r=7.X-8.X
Waiting 4 good enrty point. More on chart