I'm applying this strategy to my holdings, it's based on Tim West's ideas, which I already quoted in my previous ETHXBT charts.
I added the weekly profile chart to illustrate the fair value areas, as well as the instante rejection/low time spent at price support and resistance, where larger players liquidated (and bought in).
If ETHXBT gives us a bullish signal and we observe higher volume, we can start to predict direction, for now, it remains ranging around the mode.
So, buy low, sell high applies.
Cheers,
Ivan.
I added the weekly profile chart to illustrate the fair value areas, as well as the instante rejection/low time spent at price support and resistance, where larger players liquidated (and bought in).
If ETHXBT gives us a bullish signal and we observe higher volume, we can start to predict direction, for now, it remains ranging around the mode.
So, buy low, sell high applies.
Cheers,
Ivan.
