monitoring both btc and eth for shorts, if this remains todays high, will wait for a sweep of the high after daily close and enter short. possible wick into 89.8-90k area
this is what i'd like to see for eth. nice big wick above that high liquidating all these low/med lev shorts, followed by a quick mean reversion down into the 2700s.
every 4h close above that level, the less i'd like to take this setup. a daily close above and i probably fade.
every 4h close above that level, the less i'd like to take this setup. a daily close above and i probably fade.
Fraud Capital
$95K must hold on the monthly. If that level is lost, I would expect us to sweep the 74k low.
i have been talking about this move since early November. against the herd.
once 74.5k is tapped, shorts are invalid and we MUST flip long targeting ATLEAST 98k.
once 74.5k is tapped, shorts are invalid and we MUST flip long targeting ATLEAST 98k.
shorts starting to getting really really aggressive as we approach our key pivot.
this is exactly what we want to see.
almost time folks
this is exactly what we want to see.
almost time folks
this gold pump looks weak. leveraged shorts closing vs actual spot demand
so we got a weekly close below 74.5k, which was my key level. acceptance above and i think its fine to get long for some relief. though, if we get a retest and it holds as resistance, it should act as our range high and sponsor the move lower to 49k.
will update once price action plays out a bit more.
will update once price action plays out a bit more.