iAnon01
A solid case that TVC:MOVE is bottoming out. 1. Bullish shift in structure 2. RSI daily triple divs 3. Break of 200 4h EMA 4. Volume supported breakout 5. Reclaim of previous range 6. Liquidity pool at 0.25-0.29 untapped On chain is also bullish: 7. DeFi apps gain revenue 8. Stable coins are flowing in 9. Dex is live, so is Yield aggregator and...
I believe we will retrace at least 50% from the previous local high.
Normally we look to our left to spot certain points of interest where we would be taking a trade. To avoid be tempted I always wait for breaks of structure to confirm my bias. On the charts you can see the attempts that fail and currently we are waiting for a confirmations after a sweep into a HTF POI + MSB. We need another lower timeframe bullish structure to...
Short term I expect an uptrend. After we run into previous levels, we turn short again.
Ethereum short term update 22-12-2022. On both sides of the pennant lies liquidity. Midterm I suspect an upmove.