Looking for a break of $300 and volume climax to signal the start of the 4 hour oversold bounce. A flush down would set all time frames under 4 hour at oversold RSI levels. Slow and steady dump to this point with the hourly constantly rejecting from GDAX EMA resistances on the way down. Most oversold of the BIG 3 I will be looking to play this oversold bounce on the climax down.
can you please define "volume climax" and how to spot it?
TheChartGuys
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@nicoeceiza, Look at ETH hourly, that is a volume climax, the most bull and bear action at once signaling a reversal. Last push from bears and bulls buying the dip.