It remains anemic.
For me it is not a trading zone and should be treated with caution. As it keeps making lower highs and trend is down on the daily
Weekly is holding by a thread. Take action if it breaks below
Below 2,300 = Red button.
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Most altcoins look like this. Only a few are still somewhat attractive, but unless this low holds. I see no reason to blindly bid on “support”.
__________
Safest entry above $3k.
Treat everything as resistance until that level is recovered.
For me it is not a trading zone and should be treated with caution. As it keeps making lower highs and trend is down on the daily
Weekly is holding by a thread. Take action if it breaks below
Below 2,300 = Red button.
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Most altcoins look like this. Only a few are still somewhat attractive, but unless this low holds. I see no reason to blindly bid on “support”.
__________
Safest entry above $3k.
Treat everything as resistance until that level is recovered.
Nota
Nothing to do. Crab market until levels get reclaim or it aims for lower. Will take action above $2900. As is the pivotal level for 2024.
Below $2530 I'll start flipping bearish.
Nota
No action.Interest in
ETH appears to be low at the moment. Efforts to spark a bullish trend have been exhausted for many holders, possibly dampening hopes for an upcoming alt season.As long as it remains below $2800 - $2900, there’s little interest in this asset. There are more appealing opportunities elsewhere.
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To be honest, the weakness in
ETH has been a drag on the entire crypto market. Rotation among most L1s has been sluggish, with only a few narratives benefiting from this. New market dynamics have shifted the landscape, and adaptation is necessary.This isn’t a new development; it’s been unfolding since
BITCOIN first rallied above $30kOperación activa
It’s been long enough, and it has followed the squiggly line perfectly.Now I’m finally seeing constructive price action that makes me ready to take the trade.
I’m anticipating a break of the trend line and aiming for a reclaim of 2900. That would flip everything bullish and set us up for a trendy move from there.
BTC is in the process of making a higher low. Once it does—hopefully soon—we’ll be able to move from there!
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La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.