Just an important reminder and something that I need to emphasize here...the thesis on ethereum:0xd533a949740bb3306d119cc777fa900ba034cd52 atm is that the local bottom at .20 preceded our first true impulsive movement following our macro/HTF spring at .17 a few weeks earlier.
If the idea is correct, then the origin of that impulse at .20 was our BOTTOM, essentially, before new all time highs at $6+.
Yes, initial low timeframe targets are .30+ and above that .70+ as covered in recent video updates, but following those targets being met we are not expecting new lows- just some potential chop before continuation to $1+ and ultimately new highs.
SO WITH THAT BEING SAID, as we trade here at .26, just .06 above what should be our BOTTOM before $6+, DO NOT MISS THE FOREST FOR THE TREES and fail to position if you are bullish on ethereum:0xd533a949740bb3306d119cc777fa900ba034cd52 and the markets as a whole here.
DO NOT WAIT for a penny or two lower if you believe (like me) that downside is limited to 6 cents, and upside is literally 100x that.
FOR SPOT BUYS THERE IS NO BETTER TIME if the idea is correct.
Levered longs are a different story, as precise entries are more important in managing risk, etc.
BUT if you are sitting on your hands staring at CRV grinding up right now, with capital waiting to be deployed on spot ethereum:0xd533a949740bb3306d119cc777fa900ba034cd52, and you- like me- recognize the impulsive PA off of .20 and it's implications, THEN THIS IS YOUR REMINDER TO STOP SITTING ON YOUR HANDS and ACT.
As always, manage your risk, don't invest more than you can afford to, etc. But if there was ever the time to stop sitting on your hands and pull the trigger on spot CRV, that time is NOW (if you agree with the idea behind the impulsive move at .20).
@nadalprop_ Nah, it’s definitely Djokovic. Djokovic has more majors and has won at least 3 on every surface. Nadal has 14 on one surface (Clay) Nadal is the greatest clay court player and maybe second best overall, it’s close between him and Federer, but Djokovic is the GOAT
Hands down the best $ETH video. It's not hopium. It's extremely well researched and points out exactly why the price of 20k for $ETH is more than justified .
PS : need dedicated $CRV and $CVX video please and thank you .