$ETH Evening Thoughts:
I don't know what the second pancake is holding on for, just let it go! It's cool down below, and the air up top is not good.
If the big brother can't hold on, what is the younger brother still hanging on for? I hope you can hold on, but if you can't, come stay with me; I'll provide food and shelter 😃.
🛁
Speaking with pictures: Pay attention to the marked positions for going long and short, give yourself some leeway, rules are rigid but people are flexible. There's no need to wait painfully for the exact position; giving a little leeway might be better.
Whichever reaches first, do that; if it can't reach, then go spend a peaceful Christmas Eve.
Looking at the second pancake on the 1-hour level, the big M head I drew is not standard, just deal with it! Pay attention to the volume-price relationship and set your stop-loss properly.
🛁
For the second pancake to regain its strength, it must stabilize above 3430, and can look towards 3470-3530; otherwise, it won’t be very useful.
On the 4-hour level, it must not fall below 3356; if it does, it will drop to 3292-3218.
Be mindful of risks tonight.
🛁
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Action is better than hesitation.
