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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 bigger picture trend is clean and the hourly chart lines up with it, which is easy to wave off until buyers keep holding price over its key averages. The first push already happened on the faster timeframe, so 790.29 is where this either keeps building or stalls.
⚠️ Personal market insight, not investment advice. DYOR.
- The hourly picture is the part of this that feels least certain, even though it lines up with the move. - Every major average sits underneath, with the larger trend still held by buyers. - A break of 2697.91 would be the change that weakens this read.
⚠️ Personal market insight, not investment advice. DYOR.
- All the higher timeframes line up in the same direction, and the hourly chart is on board too. - What I'm really leaning on is the moving averages stacked underneath, holding the floor. - If price loses 0.0064, that floor story weakens.
⚠️ Personal market insight, not investment advice. DYOR.
- Funding shows longs paying to hold their positions, with the crowd sitting 58% long. - That setup leans short while BTC's backdrop stays unfriendly to altcoin shorts. - If those conditions hold, the short side stays favored.
⚠️ Personal market insight, not investment advice. DYOR.
- The trend on the higher timeframe still leans toward buyers, and that's most of what I have to work with here. - I trust that read less than the rest, since one timeframe alone rarely tells the whole story.
⚠️ Personal market insight, not investment advice. DYOR.
- Sellers are behind most of the activity, but the volume read is the part worth trusting least here. - The lower timeframe has already made its first push, so watching how price behaves near 8.99 matters more than the earlier move.
- Price looks extended, but the moving averages beneath are still stacked as support. - Trust the volume and buyer share less than the trend reading; both could cool before 0.095 is reached. - Shorter-term momentum has already fired, so this stays a watch until price actually gets there.
⚠️ Personal market insight, not investment advice. DYOR.
The larger trend is still pointing up. A pullback toward 0.24 would be the spot to watch for whether buyers step back in, and if they do, the upward bias stays favored.
⚠️ Personal market insight, not investment advice. DYOR.
Worth a look here: funding has flipped, with shorts now the side paying. The larger trend still leans toward buyers, and that shift in who pays is the part that matters most.
⚠️ Personal market insight, not investment advice. DYOR.
- Price is holding above stacked moving averages that sit underneath as support. - Shorter-term price action shows nothing working against the upside. - Longer views lean the same way, so the plan waits on a pullback rather than chasing.
The tape already looks stretched, yet the hourly read backs the push and the major averages sit beneath as support. Every larger timeframe points the same way, so the stretched look is the least convincing part of this picture.
⚠️ Personal market insight, not investment advice. DYOR.
Funding turning negative this late in the move is odd, and that's what my read hinges on. Buyers still control the trend and take more than half the trades, with 255.93 as the level to watch.
The bigger picture is still pushing higher, and the hourly chart lines up with that. The short-term signal has already triggered, so 0.59 is the spot that decides whether this holds together.
⚠️ Personal market insight, not investment advice. DYOR.
- I nearly brushed off the negative funding print, but that flip is the fact I keep leaning on. - Buyers still hold the upper hand on the trend. - 0.0024 is the level that decides whether this bias holds.
⚠️ Personal market insight, not investment advice. DYOR.
- The bigger picture still leans upward, and that alone shapes the bias. - The 0.03 level matters less here; a single line does not outweigh a trend that has held.
The bigger picture here is a clean uptrend, and that is the fact carrying the most weight. The hourly chart lines up with it too, though that agreement matters less than the larger structure. A bias, not a fill - 0.0062 is where the idea would turn.
⚠️ Personal market insight, not investment advice. DYOR.
Every timeframe is leaning the same way, and dips are still getting bought rather than sold. Price continues to hold above the average line that has defined this climb, so the path of least resistance stays up.