having a meme look like this after a complete alts especially meme's capitulkation is pretty good ngl, i mean i think becasue its in $ETH because if u take a look at other major meme's like $WIF😦
So HTF looks ready and trying to long here a pullback is pretty good idea imo. U got stacked high's above u and some bullish structure below u✅
than u can even make the argument of a bulletproof MSB, people like to go sure with a high that generated a LL as proof for a MSB. SO thats good and u got the shit u need (fibs, demand etc..)
The hourly just looks very clean imo, POC in the sweetspot + ur demand. I think its doesnt go prettier than that, trying to long the strongest meme when $BTC is at a SHITTY support isnt the worst idea...🗣️
hope that guys helped u how im looking for trades, if u got any questions lmk🫡
so i mean in the bigger picture $ETH doesnt look THAT bad its just not pretty nice that we are now bleeding out like this after a impulsive move like this😪
3500 try to short it and expect more downside 3300 try to catch a small scalp but overall expect more📉
-At range low and people are actually shorting it -RL got tested a 100 time's so prolly weak support -People trying to front run the run up of $BTC with being alts -CT influencer got cooked on alts but still bullposting -Overall bearish TL u dunno what to do, so do i fam❤️
HOW IM PLAYING METIS 🌿 OR IN GENERAL ALTCOIN HOLDING'S🫡
so i talked earlier about it -> CLEAN UP YOUR PORT🫡 imagine how u would structure ur port if u start from new with all the knowledge u got now...
Now lets dive into $METIS, so we got local breakout high at 42 $ and this is in the fibs from the whole year so pretty strong fibs... I think if u wanna be bullish now i would look for a reclaim of the wick, IF we get a reclaim i will probably long✅
like this would make a great long, the R/R is crazyy and i think u will do nothing wrong with being bullish on $ETH and eco of $ETH. Like selling now spot bags seems pretty dumb and i still believe in $METIS so nothing changed fundamentally for me😤
I still think $SOLLY is a pretty dope meme -> $BRETT VIBES etc. I just dont know in general how big the comeback will be of the $SOL meme's.
I mean if u take a look at the major $SOL meme and $SOL itself, doesn't look great...
but the downtrend is crazy and there is still no major MSB. BUT i think if u see a reclaim of this supply u can aim for some HTF MSB what obviously would be pretty bullish✅
ALIGNING $BTC AND $ETH IDEA'S WITH $ETH/$BTC CHART🫡
On $BTC im looking for a bottom $OUT at 63k ish, that would mean we are retesting the fibs, OB and even holding the FVG. I think u really wanna try to long that✅
On $ETH the area of interest is a bit lower, im looking 3'300k ish. Like we got some weekly demand and that in combination with some daily FVG and fibs can it be pretty powerful😇
So now if we make our bias for $ETH/$BTC i think its important to chart $ETH and $BTC firstly alone and then take a look at the pair. So i think its pretty sweet longing the pair at 0.048ish😉 Like a larger retracement on $ETH would mean a pull back on the pair but then imma bet on $ETH outperform🤪
i hope i could show u more how im watching at $ETH/$BTC, if u enjoyed it -> im happy😘
I wanna go through the HTF and just some important thoughts🫡
I mean we are still in a Uptrend and holding the impoertant fibs, we just hit the HUGEE 0.618 and are moving in the local sweet spot😉 I think u really dont want to see a close below like 126$, would be pretty important to see a relcaim of the local 0.618😇
Im sure u saw those pretty scary montlhy chart with the same strucutre as last time's TOP, i mean shit look pretty same but im not sure if u can really can make a bias of it🫠 I think in general everyone was bullish on $ETH, $SOL outerperformed $ETH and u think now its the turn for $ETH especially with the $ETH ETF
I also think people gonna bet on yee next ETF is $SOL and then same shit happens with the realtionship between $ETH and $BTC😼
i hope i could bring u some value, if so make sure to follow me and i welcome u in my chatroom to ask question😘
leaned up my shit, i mean there is never a perfect time but i just found my myself in this delusional atmosphere of "all good". Imma talk more about it tmr
i will go over the HTF scenario's, midterm thoughts, possible short idea, exact setup✅
HTF scenario's👁️ I think we got nice support at the midpoint and had in combination with that some bullish strucutre BUT i think its more likel we will see a retracement to the weekly demand😙
midterm thoughts💡 like techincally shit look truly bullish, HTF support daily MSB and now bouncing off sweep im the demand. I just think markets are pretty weak right now so i think if we can recalim the monthly open on $BTC in combination with trend continuatiuon $ETH would be pretty bullish but if that not the case. Not longing here some big swings😉
possible short idea and the exact setup✅ So its kinda hard to short some HTF support BUT if i get a really clean LTF structure in combination with a weak marekt rallying into some bearish structure -> im willing to take a short
I woudld love to enter on some local sweep in the supply and then my stop would be the most recent high and i would aim for this wick that sweept these other lows🗣️ Not high probability though tbh, shorting support is never "high probablilty" imma just think we will go down further 🫠