Easy scalp, easy invalidation. Confirmation points * 3waves down * Support holds on 4hr TF *S/R flip @ $13.50
Keeping it simple, we will soon find out if the bulls are done here or are we just getting started. Close daily below 39.6k and I think we set a new low, close above and we will find trend continuation is more probable. Currently we have two waves from our local bottom and will like to see one more wave (5) to confirm the bullish scenario. Should we lose 39.6k on...
I see ETH is trying to reclaim support on a daily timeframe. The market conditions are choppy and best to wait for confirmation on HTF before entering a trade. Could be good for a scalp short or long depending on closure.
Need to see how this plays out with FOMC news briefing soon. Not confirmed until volume and PA aligns. -Pullback hit @ .618 Fib -Daily oversold -200MA Holding as support -Market OI is way down I am also not disqualifying the Bear scenario yet as we will see in due time if this will be a dead cat bounce before further downside, or if it holds as continuation to...