Based on previous cycles i expect a 82% dump from the highs starting in 2022. This bearmarket cycle (2022 - 2024) will be accumulation for the next bull cycle which i expect will start around next halving date.
Hold the swing low of the move that started the bear market. Im long again
Looks dumpy. 2 area's where i would take a long and or take profit at shorts.
Ethusd short idea Just price action
Trend for ETH is down. Shorting it until $110.75
Increase volume. Bullish on the weekly. Buy, wait a few weeks and profit
Volume on current rally is declining. Im betting on another rejection of previous support level
We finally tested this untested area and we get a nice rejection so far. We have a untested area above here but i dont know if can get up there.
ETHUSD looks bearish Shorting at these areas. 87 dollar target
Looks like rejection of previous support.. We could still test something higher before going down. But.. Im mostly bearish
This is how im currently trading this zone. Decent short trade setups and a long setup. If you want to scalp, longing green line has been great. Make sure you have a tight stop-loss as always.. Average volume is slightly going down in this micro uptrend.. Overal im not longing until the green zone and im shorting the red zones. These are the only decent setups...
Sharing the chart of this range and the levels im looking at
Gaining and losing the levels
BTC has two untested levels that you could long and need to hold. If this is not holding 2500 is in play
The falling dragon might be in play here guys.. This pattern forms in a retracement after a big dump Its power is tricking traders into thinking a bottom has formed while its merely a retracement. If price gets above the head the pattern becomes invalid