We are still deep in the sh-...downtrend channel, facing bear flag after bear flag, dead cat bounce after dead cat bounce.
I can't count waves on this with any confidence because there are just too many counts that seem right.
In the end all I have is my channel support, channel resistance (green), and my long term support lines (red) that reach back to the days of $400 eth.
I am selling a piece of my position on confirmation of this bear flag breaking, and looking to ladder buys from low 700s down to low 600s. I am too risk adverse to pray for buys to be filled in the 500s, even though I can see it reaching that level.
I can't count waves on this with any confidence because there are just too many counts that seem right.
In the end all I have is my channel support, channel resistance (green), and my long term support lines (red) that reach back to the days of $400 eth.
I am selling a piece of my position on confirmation of this bear flag breaking, and looking to ladder buys from low 700s down to low 600s. I am too risk adverse to pray for buys to be filled in the 500s, even though I can see it reaching that level.
Nota
Bear flag broken, my buys are starting to fill. Hope someone out there was able to make some $$$ off my call.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.