We buy ETH with the ðģðģ: 2 tools that I use to open a long
Hi friends! BTC return to the 20k level and ETH dump to 1.4k. Probably not the best week for crypto bulls, but a lot of opportunities for crypto traders. As i mention in previous ideas, there were the BIG whales SELL wall at 22k key level. The price bounced from this level and get dropped, so other alts fall also .
I use DOM and Footprint to identify such order walls and open a trade with the whales. More about these tools in the video.
Now the price fall to the support area of $1450-1560, as i mention in previous idea. This area can help to hold the price and we can see local pump after the false breakout and liquidity collection below this area.
Highly possible scenario is fall to $1038-1254 value area where a lot of stops and buy orders of the traders are placed. If ETH reach this area it will be fast pullback, so don`t waste a time and fing the best entry point. Here are the preconditions:
ðĨ fall to the $1038-1254 HUGE value area
ðĨ volume growth, confirming buyer pressure
ðĨ only bullish BTC help altcoins to reach their long targets
ðĨ DOM and Footprint help to find the whales BUY order walls and open the trade with them
ðĐ DOM and Footprint are the tools which helps me to identify the whales BUY and SELL orders wall. The whales orders very often reverse the price. Also, we can open our longs with short stop loss below this order walls and highest RR ratio.
ð The targets:
1. $1700 - key level
2. $2000 - key level
ðŧFriends, press the "boost"ð button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
I use DOM and Footprint to identify such order walls and open a trade with the whales. More about these tools in the video.
Now the price fall to the support area of $1450-1560, as i mention in previous idea. This area can help to hold the price and we can see local pump after the false breakout and liquidity collection below this area.
Highly possible scenario is fall to $1038-1254 value area where a lot of stops and buy orders of the traders are placed. If ETH reach this area it will be fast pullback, so don`t waste a time and fing the best entry point. Here are the preconditions:
ðĨ fall to the $1038-1254 HUGE value area
ðĨ volume growth, confirming buyer pressure
ðĨ only bullish BTC help altcoins to reach their long targets
ðĨ DOM and Footprint help to find the whales BUY order walls and open the trade with them
ðĐ DOM and Footprint are the tools which helps me to identify the whales BUY and SELL orders wall. The whales orders very often reverse the price. Also, we can open our longs with short stop loss below this order walls and highest RR ratio.
ð The targets:
1. $1700 - key level
2. $2000 - key level
ðŧFriends, press the "boost"ð button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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ð·Telegram ð t.me/+ICrmLIneDmRiYjIy
ð·YouTube ð bit.ly/YouTube__Lessons
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