for me , eth has major area/region to clear .1770-1850 ,coincides with 2 fair value gaps weekly , kijun (red line) , and resistance for chikou-span(green line) cloud and candle resistance .
if this rally gets really interesting , we will seek for 2000-2300 for a potential deviation upper the range we are trading in for 500days approximately .and then , get back inside it 4-8weeks.
this area coincides with mid channel , intersection of two bearish fair value gaps weekly and relevant ichimoku resistance .
invalidation for this idea(the deviation), mean the end for eth accumulation and potentially a parabolic run , we will update then. And instead of a deviation we get an acceptance upper the range for weeks.
this is not a financial adive
thank you
if this rally gets really interesting , we will seek for 2000-2300 for a potential deviation upper the range we are trading in for 500days approximately .and then , get back inside it 4-8weeks.
this area coincides with mid channel , intersection of two bearish fair value gaps weekly and relevant ichimoku resistance .
invalidation for this idea(the deviation), mean the end for eth accumulation and potentially a parabolic run , we will update then. And instead of a deviation we get an acceptance upper the range for weeks.
this is not a financial adive
thank you
Note
rejected from first zoneNote
in play , except for , the deviation could not play out , and it will be an acceptance . we update laterNote
i will be sharing ideas from my new account : tradingview.com/u/Benterkiayoucef/
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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.