1) Does D1 trend (21.5k) hold ?
2) If yes do we get a 22.5k & H4 trend retest ?
3) If yes is it reclaimed ?
4) In the meantime is there any alt(s) doing particularly better/worse (cleaner trend) ?
Some focuses for you today that might define if/how you want to trade end of week.
2) If yes do we get a 22.5k & H4 trend retest ?
3) If yes is it reclaimed ?
4) In the meantime is there any alt(s) doing particularly better/worse (cleaner trend) ?
Some focuses for you today that might define if/how you want to trade end of week.
If you get the combos:
- Yes, yes, yes -> long to the tits, retests of highs inc,
- Yes, yes, no -> chop incoming - gtfo until early next week,
- Yes, no, no -> chop incoming - gtfo until early next week,
- No, no, no -> that was it, but it was fun, see you next rally.
Voilà
- Yes, yes, yes -> long to the tits, retests of highs inc,
- Yes, yes, no -> chop incoming - gtfo until early next week,
- Yes, no, no -> chop incoming - gtfo until early next week,
- No, no, no -> that was it, but it was fun, see you next rally.
Voilà
So as usual, you make your list of alts performing best/worse, with ideally the cleanest H4 trends - and depending if we get combo 1) or 4), you know what to focus on.
GL HF everyone
GL HF everyone
Tldr of tldr: We’ll have a good idea if market ready to trend short term or chop depending if D1 trend defended (21.5k) first and if yes then how rapidly H4 trend is flipped back support.
Tldr with a chart from @heartereum but yes it’s exactly that IMO
https://twitter.com/heartereum/status/1623967775705243651
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