TheBitcoinGeneration

Bulllish Scenario for ETH Unlock

Short
BINANCE:ETHUSD   Ethereum
The ETH unlock and current macroeconomics may result in a pullback in ETH's price in the coming days. It is crucial for investors to stay informed and make informed investment decisions.


Notes on how I personally use my charts/NFA:

Each level L1-L3 and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's, in-between or in Between Sell levels these percentages are still respected. I like to use the trading range to accumulate by using this tactic.

Just my personal way of using this. This is not intended or made to constitute any financial advice.

This is not intended or made to constitute any financial advice.

FED Macro Situation Consideration:

All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over.

NOT INVESTMENT ADVICE

I am not a financial advisor.

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Comment:
If no rejection at S3, likely we have sucessfully entered another stage in the market cycle. This would signal increased probability of bullish momemtum and shorts should will become the risker endeavor. -> Seriously consider closing shorts.
Comment:
Officially invalidated. No longer represents my market outlook or levels.
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