ETHBTC is cryptic - so many possibilities
1) Is the high in?
2) Is the next low a LL?
These determine whether 1D MS is bullish, bearish, or neutral, which then determines the most likely path. These 3 cases in green, red, and white
It's clear that 0.20-0.21 was the place to buy; it was the HL after a bullish MS change.
But right now there's no unambiguous plays that are confluent with the implied MS. Sitting out for now.
2) Is the next low a LL?
These determine whether 1D MS is bullish, bearish, or neutral, which then determines the most likely path. These 3 cases in green, red, and white
It's clear that 0.20-0.21 was the place to buy; it was the HL after a bullish MS change.
But right now there's no unambiguous plays that are confluent with the implied MS. Sitting out for now.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.