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21blacky
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21blacky
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$ARB is making a move soon to 54cents Long has been placed Daily ema’s = bull config Daily stoch = oversold Weekly 7ema = tested and held $ETH looking bullish for a break higher also.
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Imagine it, because it’s a strong possibility The $ETH reversal on the monthly is just one big deviation that will resolve with a violent move to ath’s Not considering a bear case on eth yet, waiting to see how weekly plays out, needs a rsi trend test for the bear div or break through it in next couple weeks It’s possible so i will not rule it out, neither should you, but current PA and data points are still bullish imo
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Imagine it, because it’s a strong possibility The $ETH reversal on the monthly is just one big deviation that will resolve with a violent move to ath’s Not considering a bear case on eth yet, waiting to see how weekly plays out, needs a rsi trend test for the bear div or break through it in next couple weeks It’s possible so i will not rule it out, neither should you, but current PA and data points are still bullish imo
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Some very basic rules can help you avoid costly mistakes and also more routinely profitable Main challenge in this space is emotional control and following systems/rules consistently A few here will help, depending on what time frames you use, but here are some: - don’t short support - don’t long resistance Those two are super basic and everyone knows this, but the amount of times you will actually do this, because “looks like it will break or keep going” gets you trapped in the fake outs etc. longing the break is a skill and often is simply look, you’ll nearly always fail and long the wrong ones. Daily stoch rsi = oversold = LOOK FOR LONG/BUY entries on lower time frames to maximise this is a 80-90% hit rate on $BTC and $ETH when you learn how to read it and tie in with other systems for best entries In bear trends this is reversed, overbought for short entries, however there are occasions when coming out of a bottom/reversal, that this should be ignored and is a leading indicator of a bull trend starting and will hang in overbought whilst rsi trends into strength etc. On lower time frames, don’t long stoch rsi overbought or short oversold, helps find entries, RSI 15m/1h/4h solid bull divs are reliable and more often than not, get a horizontal sweep - if it holds, LONG Daily bull div build up - ALWAYS plays out nicely from a horizontal base, bid them Daily 7 ema gets respected above or below for bull/bear trends, weekly to, dips below = opportunity for bulls 3day bear or bull divs, don’t ignore for reducing or increasing market exposure This is mainly for crypto 🫡
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$IBIT very interesting As mentioned yesterday we have had the pump to $110k on $BTC Pretty interesting PA right now though, possible LTF deviation above the highs? Or are we going to trend higher fast?
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