Prepare Your AMMO! The time to enter is here SOON
ok this is exactly what we want to see
the red bars are becoming smaller and smaller, this means the selling pressure is dying off.
however, we should also take a look at ETHUSD chart. if ETHUSD were to shoot up from here, its not going to look like this on the daily.
so, its still too early for us to enter at this price.
also, at this price, we are unable to get a good risk to reward.
so lets wait for a small flash crash to bring the price to 7600 or something, then we can prepare for long.
when the price falls to 7600, its going to be a discount, so items on discount will immediately be sold out. so either we sit in front of the computer, or we use a limit buy to try to catch the trade.
*** this is not a long term long, its just to catch a flash spike up.
the red bars are becoming smaller and smaller, this means the selling pressure is dying off.
however, we should also take a look at ETHUSD chart. if ETHUSD were to shoot up from here, its not going to look like this on the daily.
so, its still too early for us to enter at this price.
also, at this price, we are unable to get a good risk to reward.
so lets wait for a small flash crash to bring the price to 7600 or something, then we can prepare for long.
when the price falls to 7600, its going to be a discount, so items on discount will immediately be sold out. so either we sit in front of the computer, or we use a limit buy to try to catch the trade.
*** this is not a long term long, its just to catch a flash spike up.