As I've repeatedly explained I like 3600-3700 level for short-term ETH. Here is a simple hypothetical roadmap to go there. Look for a pullback to 2600s in the very short-term.
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I feel like ETH wants to go more even right now btw. This pullback would be a gift to sideliners. I believe BTC can drag the market down and ETH can resist around 2600s.
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Make it longer or deeper. It shouldn't break up this quick.
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I'll sell some around here. But bullish on BTC pair at least. Let's see what ETH is cooking.
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I mean it can just print a god candle to 3600 but ~3200 is a major level.
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The fact the we came here with almost no horizontal consolidation from ~2200 is bothering me. That's why I'm talking about selling.
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I'm against this comparison for BTC as well. That was consolidation all the way up. Constant shakeouts. This.. is not that.
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This will probably find its climax soon to dump it back to ~2600.
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And open interest is near 2021 levels needless to say.
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Ngl I am almost entirely out :D I hold a bunch of alts still but ETH is just making me nervous at this point.
Trade closed manually:
Entirely out of ETH. Not my chart.
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It can just do its thing all the way up. Or it can't. I don't care. It'd probably look like an eiffel tower in the end even if it does.
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And yes the profit goes directly to DOGE :D
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See? You lose to Bitcorn without me ETH :D Fuck you too. Still good on BTC pair though. If it can hold this level.
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But it is so stupid at this point. What the hell are you doing?
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Imagine losing against thin air. Still hope it won't.
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I can actually buy some ETH just to support it against Bitcoin.