$ETH game plan here is kind of clear.
Shorts are triggered when Monday high breaks down. They would be invalidated with a reclaim of the point of breakdown origin.
Still a choppy market, but the mid of the previous week range and Monday low are confluent here.
So that would be target 1. Target 2 would be PWL
Longs with previous week high cleanly flipping with some displacement. First target would be 2k.
Still a waiting game going into US open.
ETHActivation price $1,904.64Direction ShortType ConditionalTrigger Break Below 1915Timeframe Short
Max Favorable +3.0%Max Adverse −0.3%Opportunity 0.72Time 0.99Magnitude 0.72Score 0.76
$ETH is interesting here.
So long as it holds 1740-1700 levels post US open, it could look promising. https://t.co/BR4ceg5BCV
ETHActivation price $1,711.19Direction LongType ConditionalTrigger Hold Above 1700Timeframe Mid
Max Favorable +13.8%Max Adverse −11.6%Opportunity 0.58Time 0.61Magnitude 0.58Score 0.57
ethereum:native
Ethereum is certainly holding up to BTC from a relative strength perspective.
Still trending down and trying to hold a key level in previous week/month lows
It is worth monitoring if it can flip trend in my opinion.
Nothing forced. Just in watch mode until key levels flip.
ETHActivation price $1,978.41Direction LongType DirectionalTimeframe Short
Max Favorable +0.2%Max Adverse −23.9%Opportunity 0.18Time 0.02Magnitude 0.18Score 0.06
bitcoin:native
We are still just chopping around here.
Seems price is trying to hold previous week mid/ Monday low.
If it does wouldn't surprise me to see previous week high. If it doesn't it wouldn't surprise me to see previous week low https://t.co/jN0ffdrbpq
BTCActivation price $78,758.59Direction ShortType ConditionalTrigger Break Below 80410Timeframe Short
Max Favorable +2.8%Max Adverse −1.0%Opportunity 0.66Time 0.77Magnitude 0.66Score 0.64
bitcoin:native
We are still just chopping around here.
Seems price is trying to hold previous week mid/ Monday low.
If it does wouldn't surprise me to see previous week high. If it doesn't it wouldn't surprise me to see previous week low https://t.co/jN0ffdrbpq
BTCActivation price $80,385.11Direction LongType ConditionalTrigger Hold Above 80410Timeframe Short
Max Favorable +0.1%Max Adverse −4.7%Opportunity 0.09Time 0.00Magnitude 0.09Score 0.03