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A little curious about how the rest of today plays out 🤍
I'm long on $ETH /USDT and price is sitting right where I wanted it. Buyers seem to be holding their ground here. Levels are below. If it pays quickly, I'll protect some profit and move on.
📍 Entry: 1653 - 1657 🛑 SL: 1639
✦ TP1: 1667 ✦ TP2: 1675 ✦ TP3: 1687
Maybe this one surprises us 🍀
Tap Add Trade if you want to track this with me 💛
Disclaimer: NFA. Scalp setups move fast; manage your own risk.
The lower timeframe has already turned, and the larger trend still leans upward. I'm watching whether price holds above 0.0063, since that line decides if this setup has room to work.
⚠️ Personal market insight, not investment advice. DYOR.
Funding turning negative this deep into a move is not something I see often, and it stands out against a backdrop where every larger timeframe still leans up. The hourly picture lines up with that same direction, so if those conditions hold, the upside stays favored.
The first push lower has already played out on the smaller timeframe, so the easy part of the move is behind. Price sits at 85399.95, and as long as sellers keep control here, further downside stays favored.
- Larger views still lean up, and the hourly picture lines up with them. - Sellers haven't been able to push the price down through its key trend lines. - Rather than buy into the current move, watch for a pullback toward 0.068.
⚠️ Personal market insight, not investment advice. DYOR.
- The tape reads stretched after a fast push, but the larger trend and the hourly chart both point up. - Moving averages sit stacked below as support; the short-term pop matters least, since it says little about follow-through. - A close back under 2.23 would undercut the setup.
- Buyers are holding price above the key averages, and the hourly chart agrees with the push. - The lower timeframe has already fired, though the larger trend carries the least weight here. - A close back under 1.17 would undercut the setup.
The volume on this move is running well above normal, and the longer-term trend plus the averages beneath price both point the same way. What matters is whether that holds once the shorter view stops lining up, since the smaller timeframes have already made their move.
⚠️ Personal market insight, not investment advice. DYOR.
The crowd is sitting 54% short here, and those sellers are paying to keep positions open. Price has already made its first push, yet every higher timeframe still points up and buyers hold it above the key averages. Watch 2.71.
Entry: 2.69 - 2.71 SL: 2.54 TP: 2.9 - 3 - 3.2
⚠️ Personal market insight, not investment advice. DYOR.
- Buyers are holding price above the key moving averages, and the lower timeframe has already fired. - Both the hourly and higher timeframes stay locked in a strong uptrend. - If that alignment holds, upside stays favored.
⚠️ Personal market insight, not investment advice. DYOR.
One input still does not fit the rest of the picture. Price holds above all the major averages, which underpin the floor, and buyers account for 59.2% of trades. The lower timeframe has already fired, though that shorter signal carries the least weight here.
What matters here is 2709.87, the line the whole setup rests on. Moving averages sit stacked below as support and a slight majority of flow is lifting the offer, so as long as that holds the upside stays favored.
⚠️ Personal market insight, not investment advice. DYOR.
The bigger picture and the hourly read line up, which is the easy part. What sits less comfortably is the stacked averages underneath, treated here as support when price has not leaned on them yet. A pullback trigger is still pending.
Entry: 4.67 - 4.68 SL: 4.61 TP: 4.75 - 4.8 - 4.86
⚠️ Personal market insight, not investment advice. DYOR.
The volume on this move is running well above normal, and the longer-term trend plus the averages beneath price both point the same way. What matters is whether that holds once the shorter view stops lining up, since the smaller timeframes have already made their move.
⚠️ Personal market insight, not investment advice. DYOR.
The tape reads stretched, yet shorts are the side paying funding now, and buyers still hold the bigger trend. That funding flip is the fact worth leaning on, with the stacked averages sitting underneath. A loss of 257.95 would undercut the whole read.
- The bigger picture is still climbing, and I'm leaning on that more than anything else right now. - Buyers are holding the line on the shorter view too, keeping things above the averages that matter. - 0.031 is the spot that decides whether this stays interesting.
The bigger trend still points upward, but buyers only control 56.4% of trades - barely a majority. The lower timeframe already made its first push, so that thin edge is the part worth doubting. 0.084.
The moving averages are all beneath price, acting as a floor. Every higher timeframe points up, and the hourly agrees, though that last one carries the least weight since it adds little to the larger picture. The setup sits at 86021.57.
⚠️ Personal market insight, not investment advice. DYOR.
- Watch how price sits relative to its main averages: sellers still hold it underneath. - The early move on the faster chart has already played out, so the remaining edge is thinner. - What's trusted least here is the broader backdrop, since Bitcoin's tone works against this side.