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https://twitter.com/deqoded/status/1552653026501857289?s=21&t=Vk2pRlzJmuPFnFEmAbeAbQ
ETH narratives playing well in this recent bounce.
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Stoploss should have hit on the last trade. Was trying to scoop some longs before the macro trend resumes.
For now, we can still go higher but the macro trend is still bearish. Let's wait for some time for next setup to develop.
TradingView Chart
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https://www.tradingview.com/x/FYHlffh4/
Nice reaction so far from the mentioned levels of 41,200$. Stoploss was perfect, at least for now. T1 at 42,920$, will analyse further once we reach it but wise to book 50% of the position there.
TradingView Chart
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Already some buy pressure being imposed. If we get acceptance above 43,000$, it'll trigger new long setup. Watch out.
https://www.tradingview.com/x/slJ8u4y0/
Although we've already taken out the liquidity below this range, more downside will be just to lure breakout shorters and then we reverse V-shape.
TradingView Chart
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**Ready to buy the blood?
41,400$ first interest region.
Stoploss should be below 40,750$ so scale into longs accordingly.**