$ETH vs $BTC key chart for your altcoins today. Showing sig | Cold Blooded Charter on Binance Square

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Cold Blooded Charter

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$ETH vs $BTC key chart for your altcoins today.
Showing signs of reversal. Bullish Divergences on 1hr.
You know what to do👽

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

ETH

3,297.32

-0.45%

BTC

94,638.45

+1.04%

1.1k

0

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$ETH has been, quickly but surely, approaching the perfect technical BUY Zone, called the Golden Pocket. Ether has just lost the 0.5 Fib retracement level of $3242, and directly below is sitting the very next major support level, the 0.618 Fib at $3042. Supported dynamically by the 200 SMA currently located at $2985. The flash-crash is a high possibility event in my opinion. $ETH vs Bitcoin does not look too well atm, and Black Rock has been selling today. The Buy Zone I'm talking about is actually pretty shallow as far as flash-crashes go, so my strategy is to set buy limit orders within the Golden Pocket for spot. As far as leverage, it might be too early to set long-orders overnight just 5.5 to 7% percent lower ($2985-3042 zone), so I'm gonna play it safe and set long positions at $2756-2775, which is a very deep correction zone, the 0.786 Fib level and slightly above. That Pocket is 14-15% lower, so pretty secure. Not very likely to get triggered, but that's what I do anyway. They get triggered more than your silly brain can imagine, trust.

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$BTC Neckline TEST incoming next🤨 This better be strong. If you have uncovered longs, better pray it holds. Setting a lot of stink orders, EXCITED👽? $ETH close to Golden Pocket too. Next post will be about a $ETH setup. Better follow. Xd

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$SHIB is fighting hard to hold its main horizontal support at $0.0000210 (see my Daily chart, this level has held multiple times in December) after breaking down from the Rising Wedge on Wednesday 8 Jan. The 200 MA on 1D is 10% below the current price, but the technical Target for the Wedge breakdown is much lower, at $0.0000168. That's where I'm positoned for a potential flash-crash overnight. That's 20% lower, but once $BTC loses its Head & Shoulders pattern (see my previous posts for details), all bets are off and the only way to profit off such rollercoaster is smart positioning. You do you. Think, don't just copy.

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$BTC key level to be tested next? The neckline better be strong

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Let's sit down and enjoy this $WIF disaster on 1D. Getting close to hitting a Full Target i set yesterday. Congrats for following. But don't follow me. Find your own set-ups 👽

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