Do you reallllyyyy believe in DPI over ETH at these levels? Might be able to keep it simple and bet on a slow ride back to the top of the HTF channel. Would enter on a upwards departure of the current demand zone we're in with a stop-loss paired with a downward departure of the demand zone. Could see this occurring if an heavy inverse correlation starts to form...
At a weird place in the chart right now. Looking for a stall in the climb around .236 fib level on the fib macro channel I have here. I would enter around the .236 level if any signs of a stall. Have tight stop-loss with 1st target being the nearest demand zone. This play would be betting on the HTF downtrend continuation with this recent rally just being a little...
Looking for a macro reversal supported by a bullish reverse head and shoulders pattern. Entry at break of neckline with a tight stop-loss. Target is nearest overhead supply zone around .185. Only enter if second shoulder is formed with a clear break of the neckline. Good luck!
Would only play this if ETH looks weak betting on DPI being weaker. Don't think there is enough chaos for indirect correlation ATM. Would enter short at break of HTF support with a stop-loss on LTF resistance break. Target is bottom of local channel. Would start rolling out around .118. Good luck!
Looking for a long entry on the retest of recent HTF lows. Possible cup and handle with the handle bottoming out at HTF lows, best case scenario. I would enter with proof of pattern with a semi-tight stop-loss at the handle bottom. Would only play this if ETH looks relatively strong betting on a stronger DPI. Target is closest overhead supply zone around .185....
