My thoughts on ETH chart. This might be a good time try an ETH trade. Fundings were reset across the board. Boring consolidation after a trend that most of the retail wasn't really interested in. Maybe they will be interested above $2500.
코멘트:
Santa rally for ETH. I'd be seriously surprised if it doesn't happen.
코멘트:
So far so good. But I wanna see strength on ETH/BTC too. I don't believe BTC has so much room above.
코멘트:
코멘트:
Plus there is no volume, yet. These are not good signs so it's still 'wait and see' zone.
코멘트:
But again, I love this consolidation structure. My sentiment is near extreme positive.
코멘트:
Bears should pray it doesn't do something like this. Another big bear trap can send ETH to ATH's. Best case for bears is up-only right now. Few.
코멘트:
If we get a real dip which seems likely right now, like a said, bears are ultra-fucked. I'm looking at this level.
코멘트:
I think this is very likely.
코멘트:
In my experience trends like this result in stronger trends. You don't expect chop after this. Gut feeling says direction should be up.
코멘트:
I'm like the most bearish bear out there. But I believe in big traps. Euphoria. I don't see it right now. Especially for ETH. If I see it above $2500, I'll be happy to short it.
코멘트:
The last thing you would want a test of this for example, as a bear. A bear should want up up up right now.
코멘트:
Not sure about the dollar pair but on BTC pair it was a trap today. Range low is coming imo.
코멘트:
Honestly I don't trust this breakout. It feels wrong.
코멘트:
I always believed that 40k-41k has a good chance to be a very important top. And now BTC doing this and ETHBTC trying to bounce again without a good structure. And start of the month, weekend etc. Idk I don't like it.
코멘트:
I'm not going to believe this is the picotop if it fails. I'd rather this to be the final fakeout and it continues after a hard pullback.
코멘트:
Daily close is pretty good. The pullback shouldn't be that wild. Market shows strength. Take it seriously.
코멘트:
Honestly things are not going exactly according to the plan :D Market is not reacting to the breakout the way I thought it would. ETHBTC is still at a weird place.
코멘트:
I mean if you bought at 2k and below you are still fine and you can sit and watch. But I wouldn't touch it right now if I had no position.
코멘트:
All hope is still this. Hope is lost for me below 0.46.
코멘트:
Still all good. Nothing to be bearish. Maybe this is the better way.
코멘트:
And I guess we can still count this as a fakeout :D We just have to wait a little bit to be sure. It's okay.
코멘트:
I've seen a funny tweet about ETH. This is literally the point of ETH bullishness. Is it a great macro bottom? No. But denying bearish possibility on the macro chart is also macro bullishness.
twitter.com/IamCrypt...967910793641/photo/1
twitter.com/IamCrypt...967910793641/photo/1
코멘트:
Bearish people be like "This is not the bottom I like. This is manipulation! Short!" All TA is manipulation bro chill. Play the game.
코멘트:
Again sir? Jesus ETHBTC is a monster.
코멘트:
Next week including weekend will be the key for ETHBTC I believe.
매매 수동청산:
I just closed ETH position. This shit is just too stubborn for me at this point. ETHBTC still failing to show strength. Bad weekly close. I feel like I'm not missing a big opportunity here. Still a good trade. GLHF
코멘트:
It's actually ETH trying to drag market down right now imo. Trading below last weeks lows. This is really interesting. ETH is huge in crypto. With bearish ETH market can't be bullish.
코멘트:
This reminds me something :D