ETH should be close to a Macro Bottom. Current Trade Setup
ETH 12/23/22
Trade:
Long to 1375 to 1450
Reverse Short to $950 Area
Leading Indications For Possible Upcoming Short Trade:
50-61.8% Retrace to Last High
2 Potential AB=CD End in Area
1 Potential C Leg End With D Leg Matching Macro AB=CD
Entry: Divergence on preferably 1hr+ with Stop Loss above divergent high.
Possible super short to $650 area with a 1.618% extension to macro D Leg
Measured Time Move Ends 1-4-23
Next High Cycle Move Ends 2-8-23
ETH 12/23/22
Trade:
Long to 1375 to 1450
Reverse Short to $950 Area
Leading Indications For Possible Upcoming Short Trade:
50-61.8% Retrace to Last High
2 Potential AB=CD End in Area
1 Potential C Leg End With D Leg Matching Macro AB=CD
Entry: Divergence on preferably 1hr+ with Stop Loss above divergent high.
Possible super short to $650 area with a 1.618% extension to macro D Leg
Measured Time Move Ends 1-4-23
Next High Cycle Move Ends 2-8-23
Comment:
levels changed time sill on
Comment:
levels currently uncomputable market balanced. Time is still good probably see retest fo 1350-1400 THen most likely to the moon. Market will pivot at levels or time cycle what ever happens first still no indication