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ethereum:native
Entry: $1,693
SL: $1,705
TP: 1660,1651,1621,1602
Short is invalid at $1,705.
The broader bearish bias is invalidated if:
• ETH closes a 4H candle above 1705
• Holds 1693 a support on a retest
• Breaks 1721 with sustain acceptance
That would shift the set up bullish towards 1760 and potentially 1800
ethereum:native
Entry: $1,693
SL: $1,705
TP: 1660,1651,1621,1602
Short is invalid at $1,705.
The broader bearish bias is invalidated if:
• ETH closes a 4H candle above 1705
• Holds 1693 a support on a retest
• Breaks 1721 with sustain acceptance
That would shift the set up bullish towards 1760 and potentially 1800
Everyone wants to know if the ethereum:native bottom is in.
The problem?
Most traders are only looking at the last 30 days.
I compared the current bear market to 2018 and 2022.
What I found suggests we may still have unfinished business before the next major bull cycle begins.
A few things I'm watching:
• Bear market duration
• Historical drawdowns
• Monthly TD9 signals
• July as a potential inflection point
The similarities are hard to ignore.
Do you think ETH has already bottomed?
Yes or No?
@alwayswinsignal I respect your TA, brother! Have you looked at previous Bear Market lows. They typically retrace 78-80% +.
Right now ethereum:native is just under 61%
ethereum:native at 1727 looks to be in a Descending Triangle on lower time frames....
Either its baiting shorts at 1762 and Squeezes to 1866 or rejects off 1762 and flushes down to 1620's
Keeping an eye on the move
ethereum:native at 1727 looks to be in a Descending Triangle on lower time frames....
Either its baiting shorts at 1762 and Squeezes to 1866 or rejects off 1762 and flushes down to 1620's
Keeping an eye on the move
ethereum:native at 1727 looks to be in a Descending Triangle on lower time frames....
Either its baiting shorts at 1762 and Squeezes to 1866 or rejects off 1762 and flushes down to 1620's
Keeping an eye on the move
ethereum:native opens the month at $1,978.
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