Defi vs ETH - Beautiful RSI breakout!Look at that beautiful pattern on the RSI!
Bullish!
It just finished retesting the trendline to confirm the breakout.
DPI/WETH Macro LongDo you reallllyyyy believe in DPI over ETH at these levels? Might be able to keep it simple and bet on a slow ride back to the top of the HTF channel. Would enter on a upwards departure of the current demand zone we're in with a stop-loss paired with a downward departure of the demand zone. Could se
DPI/WETH Short v2At a weird place in the chart right now. Looking for a stall in the climb around .236 fib level on the fib macro channel I have here. I would enter around the .236 level if any signs of a stall. Have tight stop-loss with 1st target being the nearest demand zone. This play would be betting on the HTF
DPI/WETH ShortWould only play this if ETH looks weak betting on DPI being weaker. Don't think there is enough chaos for indirect correlation ATM. Would enter short at break of HTF support with a stop-loss on LTF resistance break. Target is bottom of local channel. Would start rolling out around .118. Good luck!
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy