Let's start with the daily Chart.
The dump was awful as I really didn't expect this crazy PA. I succeeded to make a decent gain shorting ETH on from 219 to 202 (I could have close so much lower but with the Bitmex crazyness I'm just glad I didn't get fucked by the overload.
So we did broke every support in order to go straight to 6K.
I like the reaction we had and 6K is still a really strong support.
I'm long with a shitty entry at 6160 but I will add more on the chop before we break either 6250 (weekly res) to 6400-6500 thanks to the classic momentum ignition algorithm aka BART - or drop for a real capitulation move under 5800.
This long is really easy as it worked fine for me every time I went long at 6k support (until it isn't), just put a SL and get overleverage.
The dump was awful as I really didn't expect this crazy PA. I succeeded to make a decent gain shorting ETH on from 219 to 202 (I could have close so much lower but with the Bitmex crazyness I'm just glad I didn't get fucked by the overload.
So we did broke every support in order to go straight to 6K.
I like the reaction we had and 6K is still a really strong support.
I'm long with a shitty entry at 6160 but I will add more on the chop before we break either 6250 (weekly res) to 6400-6500 thanks to the classic momentum ignition algorithm aka BART - or drop for a real capitulation move under 5800.
This long is really easy as it worked fine for me every time I went long at 6k support (until it isn't), just put a SL and get overleverage.
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.