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A little curious about how the rest of today plays out 🤍
I'm long on $ETH /USDT and price is sitting right where I wanted it. Buyers seem to be holding their ground here. Levels are below. If it pays quickly, I'll protect some profit and move on.
📍 Entry: 1653 - 1657 🛑 SL: 1639
✦ TP1: 1667 ✦ TP2: 1675 ✦ TP3: 1687
Maybe this one surprises us 🍀
Tap Add Trade if you want to track this with me 💛
Disclaimer: NFA. Scalp setups move fast; manage your own risk.
The bounce has a ceiling that does not move with it: every major average still sits overhead. The hourly read agrees with that cap, which leaves 84.25 as the line to watch for whether sellers actually show up.
The bill has flipped: shorts now pay to stay short. Every timeframe above the hourly points the same direction, and the major averages sit underneath as a floor. What is trusted less is the hourly alignment, the one piece that could still wobble.
One thing in the evidence doesn't sit right with me: the short-term picture has already triggered, yet the setup stays flagged as a watch idea rather than an active one. That mismatch is what 0.085 has to settle.
⚠️ Personal market insight, not investment advice. DYOR.
The hourly chart lines up with the short side, and stacked averages overhead keep capping price. The lower timeframe has already flipped. A push back through 2479.9 would undercut that read.
⚠️ Personal market insight, not investment advice. DYOR.
I nearly brushed off how quiet the short-term picture looks, yet that calm is the point. Nothing on that shorter view argues against the setup I'm weighing, so the level at 1.39 stays the one to watch.
⚠️ Personal market insight, not investment advice. DYOR.
- The short bias rests on one thing: no hourly signal opposes it. - 741.99 is the level that matters here. - A push above that level would weaken the read.
⚠️ Personal market insight, not investment advice. DYOR.
Price stays pinned below its main moving averages, and the hourly picture offers nothing to argue against sellers. The 108.91 level is what the whole read rests on. The averages are the weaker signal here; they lag, so they carry less weight.
⚠️ Personal market insight, not investment advice. DYOR.
On the higher timeframe, sellers hold the upper hand, pressing price beneath its key moving averages. They are also behind 56.3% of trades, and the hourly chart lines up with that lean, with 1209.6 as the line in question.
Most of the initial drop has already printed, and sellers still account for 57.7% of trades. Price sits below its main moving averages, with nothing on the hourly chart pushing back. That seller share is the fact carrying this read.
⚠️ Personal market insight, not investment advice. DYOR.
Price stays pinned beneath its main averages, and nothing on the hourly offers the sellers any argument. The short-term chart has already turned, though that alone carries little weight since it moves fastest. The 0.21 line is where this read would need rethinking.
⚠️ Personal market insight, not investment advice. DYOR.
The higher timeframes sit in a firm uptrend, and the hourly picture agrees with it. Buyers are still holding price above its key averages, though Bitcoin's backdrop works against altcoin longs here.
The averages stacked below look like solid ground, and the larger trend still points up. That BTC backdrop is the part worth doubting, though, since it undercuts altcoin strength. If the floor holds and that pressure eases, the upside stays favored.
⚠️ Personal market insight, not investment advice. DYOR.
Look at the hourly picture here - nothing on it pushes back against this move. What I trust least is how thin that leaves things, since a quiet chart cuts both ways. A push through 1.07 would be the first sign the read is off.
⚠️ Personal market insight, not investment advice. DYOR.
The setup hasn't earned a trade yet, even though every signal I track lined up the same way. That agreement alone isn't enough, and 82695.43 stays the line worth watching if conditions hold.
Two sets of moving averages sit above price, and both are acting as resistance rather than support. The hourly picture lines up with that read, leaving 0.085 as the level that decides whether the bias holds.
⚠️ Personal market insight, not investment advice. DYOR.
Something in this setup shifted, and I'm not treating it as noise. Sellers are still holding price beneath the key averages, and the hourly read lines up behind that pressure. 2490.37 is the level that decides whether any of this carries weight.
The first one cost me earlier. Taking the setup again at the same size, not a larger one.
⚠️ Personal market insight, not investment advice. DYOR.
The bigger picture still leans down, and the moving averages sitting above price reinforce that. Less convincing is the lower timeframe, where the initial drop already played out - so continuation from here is the assumption, not a given. 1.38 stays the level to watch.
The first one stopped out. If this one works it covers that, and if it does not I stop again.
⚠️ Personal market insight, not investment advice. DYOR.
- Price remains pinned beneath its main moving averages, with sellers still in control. - The initial push already occurred on the lower timeframe, and the hourly picture lines up with it. - The lower-timeframe move is the part worth trusting least here.