Key daily support was lost and next support was down around $10,000 which gave us extreme RSI conditions.
There were many fake out bounces along the way, please see the live video on youtube from last night showing my strategy.
I personally flipped ETH 3 times but used BTC action and levels as my guide due to correlation every time.
Now looking for an hourly lower high to be set and for the bulls to have to set an hourly higher low on consolidation.
Patient for this consolidation if not in a position, and anyone on the bounce should be worst case break even at this point.
Congrats to those who remained calm and played the charts with no FUD behind this dump, all technicals.
There were many fake out bounces along the way, please see the live video on youtube from last night showing my strategy.
I personally flipped ETH 3 times but used BTC action and levels as my guide due to correlation every time.
Now looking for an hourly lower high to be set and for the bulls to have to set an hourly higher low on consolidation.
Patient for this consolidation if not in a position, and anyone on the bounce should be worst case break even at this point.
Congrats to those who remained calm and played the charts with no FUD behind this dump, all technicals.
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Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social