$ETH - OBV finally took a break from going down and finding horizontal support. Targets of $3,000 and $4,000 this year. 40 to 80% returns which is all I'm looking for on this trade. If not trading with size look to the on chain utility microcaps that would benefit from this move
The only #Bitcoin channel that matters for long-term investors.
We are currently comfortably positioned between the lower and upper bounds.
If the channel breaks it will be to the upside due to extreme USD debasement.
P.S. The later we reach the upper bounds line in the cycle, the better. So be patient, relax, and enjoy the bull run.
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Satisfying to see #Btc#Crypto playing out according to #EW expectations laid out well in advance before #CPI. Many did not believe but this confirms correct EW analysis as key to guide trade decisions. Ive now taken profit even though higher expected to complete this wave #Evai
If you are trading $BTC based on what the $DXY does you are doing it wrong.
Trade based on the 4 corners of the chart in front of you. Stop getting distracted. Stop looking for shortcuts.
First target for #SOL wave 3 tomorrow is 1.618 x wave 1. We should surpass that level with a larger extension but even a very modest wave 4 pullback (alternation with wave 2) we then get wave 5 higher again #Evai
If you're currently on the sidelines do you:
Buy here because you fear the market will keep going up with out you
-or-
Wait to buy because you think the market will nuke as soon as you do