ETHUSDT Daily
As it is clear in the chart. ETH momentum is extremely Bearish. PRZ's are shown in the chart so you can see even ETH could reverse.
In the first step, we need a momentum Shift. it could be a bullish engulfing or a pin bar.
But we never Jump to the trade without any confirmation.
How do we find confirmation :
1) Double Retest
2) If a good volume just happen in critical Fib lvls ( PRZ's)
All the time REMEMBER: THE KEY PARAMETER FOR BEING A SUCCESSFUL ANALYZER AND A GOOD TRADER IS TO BE DISCIPLINED IN MONEYMANAGMENT AND RISK MANAGEMENT. BELIEVE ME TECHNICAL, MACRO ANALYZER, ONCHAIN ANALYZING ARE NOT THAT IMPORTANT.
In the first step, we need a momentum Shift. it could be a bullish engulfing or a pin bar.
But we never Jump to the trade without any confirmation.
How do we find confirmation :
1) Double Retest
2) If a good volume just happen in critical Fib lvls ( PRZ's)
All the time REMEMBER: THE KEY PARAMETER FOR BEING A SUCCESSFUL ANALYZER AND A GOOD TRADER IS TO BE DISCIPLINED IN MONEYMANAGMENT AND RISK MANAGEMENT. BELIEVE ME TECHNICAL, MACRO ANALYZER, ONCHAIN ANALYZING ARE NOT THAT IMPORTANT.
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