So, if it holds it, nice, if it doeset, not nice It already lost the level once, this will be the second time it loses it, it did gain the upper level, but I think this is the line in the sand
This could sadly get interesting, hope it just blasts the top level and continues up tbh, but a setup like that it did just before the current new high is a bit fragile, so lets see The fibs are nothing special btw, its mostly just aligned levels
This is just for me to see how it worked in the future tbh, take it as you wish
Im honestly sick of this range, it keeps zig zaging, just exit at one point, up or down.. but the play now is test support, sweep the top line and then decide (hourly closed a bit more bearish than I would like, Im not sure if 4h needs to close above or 1h tho, take it with a grain of salt)
I rly give too little effort drawing higher timeframe charts, here is another one hehe
Well I drew the interest areas on chart already, and a line for a possible path, not sure what I can add here well if this fails we always have 47k
Just a priceaction explanation, the way I interpreted this priceaction after following skinner a bit :)
So, just by trying something I noticed how well it aligned, so here are the spuuts, lets see will it stop following it right after I post it :)
This is IF it dumps, doesn't need to dump
idk, never charted ETH, and I a bit bored, lets see what happens lel
Maybe maybe? Xd I would say if it gets agove 25 and holds it we are safe for the target (I think) if it happens Ignore the SL, I would not use a SL on this and no leaverage.
So a random fib, fo rme its random bcs I have no idea how to do algo fibs, and skinners algo fibs are zones, not exact levels, but here something to look back in a few years lel. And those zones are just something Im trying to learn recently, so could be wrong
So, BTC entered a bullmarket a few months ago already, thisis the last levels you will be able to short, maybe even a bearish reversa? hihi, jk, lets not hope BTC dies just because we want to keep ranging. GL everibody and to people who came late, wellcome to the bull market!! unless the market crash drags bitcoin down
Here a random ETH chart, has a nice short setup, super easy SL, target.. not too sure becuase BTC is extremely bullish, but lets see
Idk, just a random fib extension, lel :)
First I want you to see how nicely it hit that fib extension, lel. So lets see how deep the retrace will be, link reversed for now
So, we will go down, Im already cash, will do leaveraged shorts up there if it gets there, see you later, target is minimum 9500, could go lower