TL;DR: This chart looks like what happened in 2021 in a ridiculous way. A breakout, a rejection, a relief rally, then a painful descent through layered support zones.
I really don’t want to be the guy who says “I told you so” but charts teach with loss as often as profit.
Look at what happened when ETH reached ATH in 2021. A clear breakout and immediate rejection. Price then collapsed with multiple spikes to trick HODLers and bull for life traders.
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The lesson the chart here to offer
If our analysis is correct, we’ll see a short-lived manipulation into resistance ($3.6–$4.0k) that will suck in all longs.
What happens next you may ask? Straight down to support zones.
Breaking one support usually leads to the next.
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Practical rules to survive this (educational only):
Assume rallies are traps until proven otherwise. Wait for structure (higher lows + higher highs) on higher timeframes before adding long positions.
Manage size. If you trade this, keep position sizing small and protect capital with stops and trailing stops when in a winning trade.
Use multi-timeframe confirmation. Don’t buy solely on daily candles. Micro structure of a daily candle forms on smaller timeframes.
If you want to accumulate, always scale. Don’t all-in. That way you better position yourself, increase your profit and decrease your loss
As always...Stay disciplined.
----------------------------------------------
Good Luck!
P.S: Check the linked idea for a better understanding.
I really don’t want to be the guy who says “I told you so” but charts teach with loss as often as profit.
Look at what happened when ETH reached ATH in 2021. A clear breakout and immediate rejection. Price then collapsed with multiple spikes to trick HODLers and bull for life traders.
----------------------------------------------
The lesson the chart here to offer
If our analysis is correct, we’ll see a short-lived manipulation into resistance ($3.6–$4.0k) that will suck in all longs.
What happens next you may ask? Straight down to support zones.
Breaking one support usually leads to the next.
----------------------------------------------
Practical rules to survive this (educational only):
Assume rallies are traps until proven otherwise. Wait for structure (higher lows + higher highs) on higher timeframes before adding long positions.
Manage size. If you trade this, keep position sizing small and protect capital with stops and trailing stops when in a winning trade.
Use multi-timeframe confirmation. Don’t buy solely on daily candles. Micro structure of a daily candle forms on smaller timeframes.
If you want to accumulate, always scale. Don’t all-in. That way you better position yourself, increase your profit and decrease your loss
As always...Stay disciplined.
----------------------------------------------
Good Luck!
P.S: Check the linked idea for a better understanding.
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shorturl.at/a1O3x
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shorturl.at/mTwUY
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관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
✅FREE signals:
t.me/VIPCryptoVault
Best Crypto Exchange Worldwide
shorturl.at/a1O3x
✅15% FREE Deposit Bonus
Up to 35% trading-fee rebates
shorturl.at/mTwUY
✅30% FREE Deposit Bonus
Up to 40% trading-fee rebates
t.me/VIPCryptoVault
Best Crypto Exchange Worldwide
shorturl.at/a1O3x
✅15% FREE Deposit Bonus
Up to 35% trading-fee rebates
shorturl.at/mTwUY
✅30% FREE Deposit Bonus
Up to 40% trading-fee rebates
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.