Today $ETH is not in focus because of noise, but because of the reaction zone below the current price.
Price is around 1914.6, +1.169% per day.
Daily range: 1853.62–1915.54.
What can be seen on TradingOS:
— below the current price there is a POI at 1859.78–1879.296 — a reaction zone below the price;
— below the current price there is a bullish FVG at 1885.41–1886.17 — a reaction zone below the price;
— below the current price there is a bearish FVG at 1877.71–1883.63 — a reaction zone below the price;
— above the current price there is a bearish OB zone at 1923.21–1929.74 — a pressure zone, not support, because the price is currently below it;
Weights of scenarios based on current data:
long scenario — 75%;
short scenario — 17%.
This is not the probability of a trade, but an assessment of the context.
What matters:
if the price holds the reaction near the 1912.6–1921.01 area, the long context will remain favorable. If the area is lost, the scenario will become weaker.
This is a scenarios map, not a trading instruction.
$ETH #Crypto #BinanceSquare #Trading
Chart and order book — click on $ETH .
Not an investment recommendation.
Do you agree with the analysis or see it differently? I’m waiting for your take below.
Real-time breakdowns and full log — on X: @TyumaBidrouINW
Price is around 1914.6, +1.169% per day.
Daily range: 1853.62–1915.54.
What can be seen on TradingOS:
— below the current price there is a POI at 1859.78–1879.296 — a reaction zone below the price;
— below the current price there is a bullish FVG at 1885.41–1886.17 — a reaction zone below the price;
— below the current price there is a bearish FVG at 1877.71–1883.63 — a reaction zone below the price;
— above the current price there is a bearish OB zone at 1923.21–1929.74 — a pressure zone, not support, because the price is currently below it;
Weights of scenarios based on current data:
long scenario — 75%;
short scenario — 17%.
This is not the probability of a trade, but an assessment of the context.
What matters:
if the price holds the reaction near the 1912.6–1921.01 area, the long context will remain favorable. If the area is lost, the scenario will become weaker.
This is a scenarios map, not a trading instruction.
$ETH #Crypto #BinanceSquare #Trading
Chart and order book — click on $ETH .
Not an investment recommendation.
Do you agree with the analysis or see it differently? I’m waiting for your take below.
Real-time breakdowns and full log — on X: @TyumaBidrouINW