i see two inverse head&shoulder can possibly playing out inside the falling wedge
...my plan is to long at 3370-3385, stop is right below the last low at 3350...if the support 3350 breaks, bull has the last chance to fight up, around 3320-3250. The reason i only playing long here, the RR is much better for bull, while i still have my shorts from 4180...unless i see an impulse wave up, i wont cover that short. On the other hand, the long/short ratio for btc
and eth is around 1.1 now, this ratio is not helpful to predict the future trend anymore. PS: when long/short above 1.3, dump usually comes, when long/short below 0.7, whale usually pumps to force the short to cover at higher price.