right so this is what im seeing, the chart showing right now
a pullback to 102800 approx is absolute for a healthy change in trend. this pullback is backed by 3 points,
1 no such volume in the pole and flag pattern breakout
2 liquidity which works as a magnet is more in down, market will eventually make a new ATH but it wont make that ath until grabbing all the liquidity and leaving retailers in fear.
3 we're at a good strong resistance and the daily close today was showing sign of weakness and possible change in trend.
a short with sl above 109000 can be done,
wont short eth but i have some alts in mind with some scalp short chances
ethfi, cake, aave, link. trading in alts are risky so make your own judgement, im no financial advisor
thanks
a pullback to 102800 approx is absolute for a healthy change in trend. this pullback is backed by 3 points,
1 no such volume in the pole and flag pattern breakout
2 liquidity which works as a magnet is more in down, market will eventually make a new ATH but it wont make that ath until grabbing all the liquidity and leaving retailers in fear.
3 we're at a good strong resistance and the daily close today was showing sign of weakness and possible change in trend.
a short with sl above 109000 can be done,
wont short eth but i have some alts in mind with some scalp short chances
ethfi, cake, aave, link. trading in alts are risky so make your own judgement, im no financial advisor
thanks
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