We are preparing for a pullback on the annual candle

Today we are approaching an important turning point and I think it is worth considering the position of the market. As expected, the ether headed to 2250-2500. However, the growth rate of eth/btc is below my expectations. We are approaching the middle of the last quarter of the year and from the 15th there will be an attempt to roll back the annual candle. Where two options are possible. Either a rollback on the cue ball to 27.5-29 or the market will be able to support at the end of the month and the beginning of December, in which case we will test 45k until the end of the year. But it is necessary to look at the fact. Due to the slow growth of the dominance of ether, the cue ball, in the case of a hike to 27.5, will pull most of the market. To begin with, on the approach to the middle of the quarter, I will significantly reduce positions. Next, an attempt to reverse the current monthly candle by the cue ball, because it opened below 35k, where I will assess the position of the foreign exchange market, the strength of support from the bulls on the crypt and the level at which the monthly candle will eventually close. If December opens below 37.5k, there is a high probability of continued sales within the framework of the rollback for the year. For now, there remains the probability of a more active growth of ether dominance and the opening of the second half of the quarter above 2100, in which case there is every chance to close the year with continued growth and open a new one with the same support of purchases.
And so, on the eve of an attempt to reverse the month and quarter, I significantly reduce positions on most coins that have shown quite strong growth. Basically, I will consider only coins with the highest growth goals, such as uft cvp ooki perl pros asr atm torn vib drep pnt, because rollbacks on them can be much smaller, and the potential for a reversal at the end of sales is much higher. I recommend reducing positions in the coming days, because there is a fairly high probability of exitpumps at the weekend and the beginning of a new week, but relying on further growth is quite risky. Topping up on coins will be considered around the 21st-23rd to maintain the monthly candle, after assessing the situation on the market.

Trade active:

In the mid-term, the market continues to look positive. There are good signals to support purchases in the new year. The ether broke through 2100, left a signal for the 2150 test, and if the 2250 level is punctured, we can expect a powerful impulse for the 2500 test before the end of the year. But as part of the rollback on the monthly, quarterly and annual schedule, there is a high probability of a breakdown for 1950-1900, at least in the near future, which I have designated as the main scenario on the chart.
In the coming week, as the middle of the quarter passes, you should be on the alert, especially on Thursday - Friday, and especially in the case of positive statistics for the United States, I think it's not easy to get a lot of data from 14 to 16.
In the framework of safety nets, data on work was collected and data with the highest ratings were mainly analyzed: uft cst, ooki, perl, atm, vib, drep, pnt. After authentication, providing an opportunity to get acquainted with scalping in the same way as with the oax wtc dock for ps vita.

Trade active:

To date, as expected, the market is showing itself quite positively, patterns have been formed for the continuation of the trend for many coins in anticipation of the opening of a new week. The foreign exchange market has formed the ground for a strong drawdown of the dollar in the coming week with an attempt to consolidate this movement until the end of the month and year. A large number of negative statistics from last week also support these sentiments.
Yesterday, pnt oax perl showed themselves quite positively, which at 4 o'clock I draw a picture similar to vib with a further trend after the pulse. For the rest of the coins, a double bottom at 4 o'clock with the beginning of a new trend for a local move.
The current movement is an attempt to turn the annual candle into a bullish one, and therefore, as we approach the end of the year, the probability of a large wave in a row increases to 100%+ for coins that did not give a strong working out in this and last quarter, such as uft ooki perl cvp asr atm. According to oax wtc epx vite dock fio for df, which I consider for scalping against the background of a new wave of market growth, the potential is lower, and therefore it makes sense to reduce the position when moving by 20-30% and re-enter from the nearest support.
According to the asr and atm fantokens, the number of coins in circulation has significantly decreased, apparently one of the whales has withdrawn most of the coins from the market, which is a powerful bullish signal. the reaction on them took place immediately, a powerful breakdown on the $ 10+ test is possible.

Trade active:

To date, bears do not miss the opportunity to bring down the market, while they have the opportunity to roll back on an annual schedule. But on average, we are holding up well so far. The tops were again supported at the expense of the violas and the heavy cue ball cut off the impulses of the violas at the change of the week. But the week in the foreign exchange market has opened well, after a pullback in the euro since yesterday, I expect a repeated weakening of the dollar from the end of this week to the beginning of next week, against which the crypt will probably be bought off today or tomorrow and more likely from Friday evening to Sunday with a continuation next week. However, against the background of a blow to the market, I think volatility will decrease and trends will be quite smooth. On average, I expect the closing of the month to be positive so far, I expect a new blow from the bears in December.
So far, only pnt has shown itself beautifully in the wake of vib, which binance added to the cross margin. Now the probability of a rollback from 0.25 to a retest of 0.14-15 prevails, from where a further trend of 0.35+ is possible. UFT vib oax drep epx perl torn and atm asr fantokens have left good signals for further overshooting. However, cvp ooki wtc pros fio for df dock still have a powerful potential on larger charts, which I also continue to work with and expect dynamics similar to pnt and vib.
Against the background of yesterday's events, very profitable entry points for uft and vib were formed, where yesterday I made large top-ups on positions after another profit-taking. Vidt and gft have also returned to powerful supports, which, along with uft and vib, are very interesting fundamentally and are well suited for medium-term storage of funds. So far, depending on the market, there is a possibility of a deeper drawdown of up to 15-25%, but the current zone is already quite reliable in the medium term.