ETH.BTC (Y20.P3.E1) Macro.structure.huge opportunity?
Actualizado
Hi All,
Unlike many who see BTC going down alot, I'm the opposite with good reason. But that is another post.
Here I have the ETH \ BTC pairing and it looks really good, for an opportunity max. between the pairing. More BTC and or ETH.
Many believe ETH is going to dominate the crypto world, and I'm one of them.
Besides the point, lets look at the chart.
> Macro level we have the last remaining right shoulder left. Withing this shoulder, we also see and inverted H\S as well.
I have drawn the trend line which has confluence with the 0.5 retracement on this structure.
> Entry point has confluence with the daily 200 EMA
> Also note this structure is valid because we tested the bottom trend line x2 and the top trendline x2. So it paves the way for a breakout on the upside, not bearish at all.
> RSI supports the shape on the daily
> I also have the other indicators showing a bottom reversal area, reversal coming soon.
> Even the weekly 21 EMA has confluence at the entry point I suggested
> Weekly MACD almost crossing over to the positive \ upside
> On the macro structure, we have a giant reversal pattern be it inverted H\S or a bullish contracting triangle, both will give us the same target.
If you refer to my post below which covers the inverted BARR structure, we can see this also took place with the pairing. unbelievable. I which I learnt this strategy earlier.
If you havn't already watched the explanation video on BTC, I suggest you watch it as it will give you the understanding of the inverted BARR structure, which is also applicable to here.
This strategy will work nice when we come close to the major macro resistance trend line and I know exactly how to play it. I can't wait for that time, one huge profit opportunity.
If you keep following me, I will hopefully start posting these as well but maybe I'll do them somewhere else. On my personal Discord space area. Why?
I rather give it to the people who follow me than those who don't.
I don't want these guys who want you to pay for their idea's to take advantage of mine, that is the only reason.
As they will then claim to be good and keep people paying. Stuff that.
I havn't made up my mind ... what do you think?
Below now is some snap shots of what can be and what you can then start planning as the pieces fall in place or not.
Please give me a like or tick for this post, much appreciated.
Regards
S.Sari
Previous ETH post (not paired with BTC)
Link to my video explaining the current BTC events
Unlike many who see BTC going down alot, I'm the opposite with good reason. But that is another post.
Here I have the ETH \ BTC pairing and it looks really good, for an opportunity max. between the pairing. More BTC and or ETH.
Many believe ETH is going to dominate the crypto world, and I'm one of them.
Besides the point, lets look at the chart.
> Macro level we have the last remaining right shoulder left. Withing this shoulder, we also see and inverted H\S as well.
I have drawn the trend line which has confluence with the 0.5 retracement on this structure.
> Entry point has confluence with the daily 200 EMA
> Also note this structure is valid because we tested the bottom trend line x2 and the top trendline x2. So it paves the way for a breakout on the upside, not bearish at all.
> RSI supports the shape on the daily
> I also have the other indicators showing a bottom reversal area, reversal coming soon.
> Even the weekly 21 EMA has confluence at the entry point I suggested
> Weekly MACD almost crossing over to the positive \ upside
> On the macro structure, we have a giant reversal pattern be it inverted H\S or a bullish contracting triangle, both will give us the same target.
If you refer to my post below which covers the inverted BARR structure, we can see this also took place with the pairing. unbelievable. I which I learnt this strategy earlier.
If you havn't already watched the explanation video on BTC, I suggest you watch it as it will give you the understanding of the inverted BARR structure, which is also applicable to here.
This strategy will work nice when we come close to the major macro resistance trend line and I know exactly how to play it. I can't wait for that time, one huge profit opportunity.
If you keep following me, I will hopefully start posting these as well but maybe I'll do them somewhere else. On my personal Discord space area. Why?
I rather give it to the people who follow me than those who don't.
I don't want these guys who want you to pay for their idea's to take advantage of mine, that is the only reason.
As they will then claim to be good and keep people paying. Stuff that.
I havn't made up my mind ... what do you think?
Below now is some snap shots of what can be and what you can then start planning as the pieces fall in place or not.
Please give me a like or tick for this post, much appreciated.
Regards
S.Sari
Previous ETH post (not paired with BTC)
Link to my video explaining the current BTC events
Nota
Note, BTC dominance still going up but ever so close to the top of the channel.ALTs will have their way soon.
Nota
Nota
A closer look at the 4 HRLY bullish divergencesNota
not quite there yet
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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