#PAPERTRADE CONFLUENCE: - Regardless if it's a expanded W(B) for imcomplete ABC, or a W(5) for impulsive 5 waves or a W(Y) for a longer WXY complex structure, we're going up my guess around 9.5 - 9.7K. Let's see how high and how deep the pullback is - 10K sounds like good FOMO number for the W(5) if we go to the extreme - Also within the range of a W(Y) (9,700) -...
I reckon BTC and ETH are going from Wave 3 to Wave 4 Maybe I'm wrong just started charting EW like a week ago ... so don't listen to me ;)
WEEKLY * uptrend and MACD positive * StochRSI overbought * Increasing OBV DAILY * Clear bull flag * MACD positive but decreasing * HH HL * StochRSI oversold * OBV increasing * SMA 50 crossing SMA 200 4H * Building posible breakout * Order blocks confirmed * StochRSI oversold * OBV still high ENTRY: 0.6487 OUTCOME: RR > 3 Stop loss at around -4% with...
I've tried to chart this as simple as possible. Weekly: Holding support level Seems like a pullback from strong ascending weekly trend MACD positive turning down HIgh OBV Daily: High OBV Stochastic RSI in oversold zone SMA 50 above SMA 200 positive signal 12H: Holding SMA 200 4H: Stochastic RSI turning overbought Trades...
Monthly, weekly and daily levels In the long term ETH looks like being in distribution zone
Target 1 - 0.000028 Target 2 - 0.000032 Target 3 - 0.000038
Target 1: 0.000145 Target 2: 0.00018595 Target 3: 0.00020780