+50 On Weekly Coppock Curve - Looking For Hammer Bar
Updated
(See the link below to the 6 point checklist for what I'm looking for in a validated bull market.)
I've been scalping alts long with success and have a long bias on cryptos in general.
I am not yet ready to buy and hodl for the long haul yet because I'm still waiting for a bullish downside rejection wick hammer bar on the weekly chart to clear out stops to the downside and open the way to a higher breakout.
I am especially bullish on eth and actually have been buying a bit of that for hodling purposes, however even on that I expect a bit of downside before we really see some true upside.
I've been scalping alts long with success and have a long bias on cryptos in general.
I am not yet ready to buy and hodl for the long haul yet because I'm still waiting for a bullish downside rejection wick hammer bar on the weekly chart to clear out stops to the downside and open the way to a higher breakout.
I am especially bullish on eth and actually have been buying a bit of that for hodling purposes, however even on that I expect a bit of downside before we really see some true upside.
Note
I have been dollar cost averaging ethereum lately on a small scale. I am fighting with the temptation to take profit on that since it's run up probably to unstable highs.However I'm just going to stick with my plan to start adding heavily when it finally comes back down and prints a downward wick on the week chart. My goal is to build a position to hold for 2 to 3 years in ethereum because I think it has the potential to meet or exceed the old highs.
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