Notable levels for ETH/USD fibSMA987(green step line) & fibSMA610(purple step line) 1 day chart:
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ETH 1 day chart levels: fibSMA610 = $2420 top = $2382 R3 = $2283 R2 = $2184 R1 = $2085 pivot = $1985 S1 = $1886 S2 = $1787 S3 = $1687 bottom = $1588 fibSMA987 = $1579 So a possible long strategy is to place buy limit bracket orders at the lower levels.
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One of the most routine intraday crypto patterns 7-9pm EST dip.
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Indicators signals mixed on multiple time frames. So I capital risk management off until there's more clarity.
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My current thesis is a bullish falling wedge pattern or something that still has more downside risk from lack of liquidity capitulation. It's close to either way currently. lol
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All depends on the time frame what I see. Also appears to be the completion of head and shoulders pattern on the 1 year view. Hmm. Just not sure what to think exactly. I do believe either way, getting close to less downside risk with more upside reward for investors time frame. But I'm a trader. So ehh.
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Could be a bear flag on the 1 week view 🤣
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Totally out now back on sidelines, nice 3 day green ride especially yesterday. I could easily be wrong, but waiting for a pullback to get back on board again. Good luck everyone. I hope it keeps going up for y'all.
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ETH 1 day chart levels:
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ETH looks like a mini head and shoulders pattern completing May 27th to date.
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ETH 1 day chart 6/3 update:
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ETH 4hr chart:
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I'll buy a small amount ETH here
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Saw this coming after yesterday's 1 day chart piRsi bearish cross. ETH $1450 is make it or break it.
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There's a scalp trade to be made today. That's about all with the short term indicator group.
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11am & 5pm EST is the general Saturday bull patterns.
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Would be great to get ETH $1500
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ETH looking ugly but had to jump back in buy a piece
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