Watching a pullback in crypto, as a technical trader, I find #Ethereum to #Bitcoin ratio descriptive of the general move in this space. (Is it fair to say that like with #silver to #gold ratio this could signal risk on / risk off sentiment in this space that helps understand the direction of the next move?)
Anyway, important levels I watch: Fibonacci 1.618 extension and VWAPs from late December. 0.3090 resistance must be cleared to make me more aggressive. 0.289 must hold before I start getting concerned.
What levels / patterns / indicators are you watching?
Anyway, important levels I watch: Fibonacci 1.618 extension and VWAPs from late December. 0.3090 resistance must be cleared to make me more aggressive. 0.289 must hold before I start getting concerned.
What levels / patterns / indicators are you watching?
Trade active
* oops, missed a zero: it is 0.0390 and and 0.0289 respectivelyTrade active
cleared resistance, I am bullish as long as it holds.Trade active
fakeout and pullback - .029 must hold. We want to see a higher low to form a base for another attempt. Patience.Trade active
Tested, holding and making a lower high. Must start making higher highs, otherwise: yellow alert.Trade active
Boom! Resolved higher. Target: 0.03373Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.