sep 1 ETHUSD is pumping from 3400
sep 3 ETHUSD hits 4k and stalls
sep 5 BTCUSD picks up the pace while ETHUSD still moves sideways
sep 7 BTCUSD and ETHUSD rolls over to the downside and flash crashes to 43k and 3k respectively.
sep 8 BTCUSD retests 45k as support and moves sideways until today. ETHUSD retests 3.2k and moves sideways
during this period...
DISCLAIMER: THIS IS THE SAME IDEA AS I POSTED EARLIER TODAY, HOWEVER CONSIDERING US DOLLAR INFLATION. PRICE VALUES ON THIS IDEA ARE RELATIVE AND SHOULD BE COMPLETELY DISREGARDED. ONLY THE SHAPE OF THE CANDLE MACROSCRUTCURE IS RELEVANT IN THIS IDEA, AND FOR LONG ENTRIES AND EXITS LOOK AT MY PREVIOUS IDEA.
The bitcoin price could pump soon and bounce between the...
The bitcoin price could pump soon and bounce between the resistance and supports areas.
Drawn on the chart is 1h/4h identified significant resistance and support lines.
Purple boxes are strong resistance support, blue boxes are weaker resistance support.
The proposed long positions have very tight stop losses, and very loose take profit, so the risk reward ratio...
the last time it was testing top channel as support (flag 1) it was rejected. lets see what happens this time (flag 2) when price is testing the same resistance after a big pump.
support and resistance is based on new and old data (old only daily chart)
The price of uni is moving up, and this could be an entry for a long.
This could be one of those typical short duration dumps to shake out the longs with tight stop loses
support and resistance i based on current and older data.