culturalCheese80320

culturalCheese80320

Been watching this since yesterday. Looks like it's still following the pattern. I thought it would have dropped more by now. The hope of an EFT kept her afloat this week. What are the community's thoughts? FYI, this is strictly my opinion. Not $$$ advise just a conversation starter. DYOR.

culturalCheese80320

After a rapid drop we saw a bounce back to the $30k mark as should expected. Bulls want this to stay above $30k it's an significant milestone to maintain 🤔 But then again, the big bears like the consistency of bulls supporting $30k since it predictable and there's a better ROI when they slam it back down. The pattern has been working for me with up/down options....

culturalCheese80320

IMO we still haven't reached the bottom. Don't get me wrong, we've come a long way. But there are far too many macroeconomic factors pointing 📉 🔻🐻🫣

culturalCheese80320 Updated 

I'm not a financial advisor so I keep it simple for trading. MACD signal line dropped a few bars back. A sharp hook down on the 4-hour paired with my 1-hour EMA signal lines crossing tells me it should drop soon. It was a good burst upward. But not enough to break the cycle.

culturalCheese80320

I don't know about you but I'm seeing a bearish coffee cup. We have more to go until the bottom.

culturalCheese80320

A whale moving a lot of ETH and a quick $20B pump doesn't change the Macro trend. Still going down.

culturalCheese80320 Updated 

KUCOIN:ETHUSDT After a strong run to $2k in early August on merge speculation, ETH has been in a down trend over the past few weeks. Considering the local buy/sell zones, if Ethereum doesn't hold at the bottom of this sell zone (r ed box = resistance = sell pressure ), ~$1705, we could be looking at a hasty drop down to the next support area in the $1630-$1660...

culturalCheese80320 Updated 

I spot a nice cup and handle forming on the four-hour chart. KUCOIN:ETHUSDT

culturalCheese80320 Updated 

Do Your Own Research. I've been waiting a long time for this Elliott wave model to play out. Just want to document the idea. P.S. like most here, I'm not a financial advisor ; however, it feels like the downtrend over the last few weeks could play out one of two ways... 1. consolidation before liftoff or 2. an extended winter lull with low-lying wicks to...

culturalCheese80320 Updated 

KUCOIN:ETHUSDT Following that last brief wreckening ETH has been bobbing around the $4k mark. Assuming the bears don't come out of hibernation tonight, I think we will see prices back to the $4300 range in the next 72 hours or so. I'm just a guy with a big monitor and lots of indicators. Not financial advice, but as the dot you clicked on your chart, I...

culturalCheese80320

Following the micro market cycle coming out of our summer lull, an A,B,C correction ended with the most recent wreckening on December 4th. I'm still very bullish on ETH given the evidence of a lengthened market cycle (assuming BTC can hold up to bolster market morale). I'm not a financial advisor so this is just my opinion, but I'm all in going long now... Do...

culturalCheese80320

BINANCE:AUDIOUSDT I noticed this pattern on the 4 hour chart. The A, B, and C are textbook correction. What's next? Rinse and repeat?