VicM_

VicM_ Updated 

A local uptrend is replacing a long downward trend for the Ethereum/ Bitcoin chart.

VicM_

The price broke above the dropoff point, which led us to the last low , giving the first indication of a reversal. Taking advantage of this, we will go long on the large green impulse that gave rise to the recent local high.

VicM_

A possible trade setup. In a uptrend we will get the higher low trade.

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after a big impuls to the upside, i expect the price to go to the start of the impuls, this is the gray box. The final target is the bottom of the green box, because that is the first point what the price will encounter.

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We lose the range (danger zone) after spending a considerable amount of time trading within it. We will take part in this by making our trade on the new higher low, which I anticipate will be at the level of 0.6150 since the begin of the big impuls to the new high is a important price point.

VicM_

We lose the range after spending a considerable amount of time trading within it. We will take part in this by making our trade on the new higher low, which I anticipate will be at the level of 28886.5 since it was an important level in the past.

VicM_

The trend has changed from a long downtrend to a bullish trend, and we will take advantage of this by placing our order on the new higher low. I expect that the higher low will be in the grey box due to the fact it was a significant resistance level and because I received additional confirmation out of the volume profile and also i got a higher timeframe conformation

VicM_

The lines are presenting some potential outcomes; if you already have these outcomes in the chart, it is simple to respond to them. In this instance, I hold a short position on Bitcoin that is just above the trading range.

VicM_

A possible MATICUSDT trade setup: after a breakout and retest of the top of the box, the price will get some liquidity on the bottom of the box. There is much volatility needed for this move, so we use a defensive entry.