The market is strong.
This long order has a stop loss around 3300. If it breaks, it could go back down to around 3000 to catch again.
Target >4k
But I think it's difficult, unless BTC bounces back to the 73-75 range.
See original
I will hold this ETH Long order until at least 4k before closing it.
Why do I call you guys to boldly enter eth and confidently show the order?
Many of you who have been following me for a long time know that I have just gone through a period of quite unstable psychology, missing the BTC price increase cycle from the 62k area and had to take a short break to regain consciousness.
And in recent statuses, I have confirmed to you that in this price increase cycle, BTC and altcoins will set an old peak with an RSI index higher than the most recent peak (March 2024) to break the 2-peak divergence bearish model that attracts a huge amount of FMO.
That's why this time the old coins will increase the earliest because the old coins have enough analysis data.
And especially ETH's old peak in March 2024, RSI is at 70.4, while currently according to the new monthly chart, it is at 60, so it will increase very strongly.
A bit regretful that I was busy analyzing btc so I just looked at eth and entered a bit high.
However, the peak 1 ETH in this cycle will be much higher when the monthly rsi exceeds 70 (I expect it to fall to at least 80).
And I emphasize again that this is only peak 1. There will be a strong correction before peak 2 (and peak 2 is usually much higher than peak 1)
Be bold, guys. This cycle 1 is a loss, but if successful, the account will be multiplied many times.
Guys, please refer to it.
Why do I call you guys to boldly enter eth and confidently show the order?
Many of you who have been following me for a long time know that I have just gone through a period of quite unstable psychology, missing the BTC price increase cycle from the 62k area and had to take a short break to regain consciousness.
And in recent statuses, I have confirmed to you that in this price increase cycle, BTC and altcoins will set an old peak with an RSI index higher than the most recent peak (March 2024) to break the 2-peak divergence bearish model that attracts a huge amount of FMO.
That's why this time the old coins will increase the earliest because the old coins have enough analysis data.
And especially ETH's old peak in March 2024, RSI is at 70.4, while currently according to the new monthly chart, it is at 60, so it will increase very strongly.
A bit regretful that I was busy analyzing btc so I just looked at eth and entered a bit high.
However, the peak 1 ETH in this cycle will be much higher when the monthly rsi exceeds 70 (I expect it to fall to at least 80).
And I emphasize again that this is only peak 1. There will be a strong correction before peak 2 (and peak 2 is usually much higher than peak 1)
Be bold, guys. This cycle 1 is a loss, but if successful, the account will be multiplied many times.
Guys, please refer to it.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
85,886
+0.72%
Replies 7
Quote 2