#ETHBTC bullish 4H move. Should take momentum from that impu | Wise Analyze on Binance Square

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Bullish

#ETHBTC bullish 4H move. Should take momentum from that impulse to take it higher. If grow above 0.4076 that will be a bullish reversal confirmation.
#ETH #Ethereum 

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Seems like #Ethereum decided to take a dip. Posted short setup in TG yesterday - today $ETH wicked into entry zone and now forming a bearish engulfing 4H candle. Same close will push price to my forecast target zone around 2700-2800. At least we should count on 3266 stops to be wiped out on the following candles. After that maybe some relief for a weekend. But looking at stock indices makes me think that bullish scenario is unlikely. Stocks opened today with a dump.

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$GMT bouncing from November close. Still very early to confirm reversal from downtrend. Year candle is pretty bearish. So be careful with FOMO on this pump. 4.5 days till Year close and we will surely see GMT back to at least 0.14 next year (which can be a good entry)

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📉 Bitcoin Daily 📈 Nearest target for $BTC bounce is developing quarter VAH and maybe pre-Christmas close at 98627. The rest is really unpredictable. Can breakout higher, can drop down to dev Y VAH2 and start dumping. Only 4.5 days till New Year - look at this as a final stage of Year candle formation - trading now is like trading within last 44 seconds of 1H candle. Would you count that next 1H candle will never go below previous 1h close? Sure no. So wherever Year candle close, next year price will go both down and up, before it choose the way. What I am saying is that no sense in FOMO now. Next year will surely give opportunities for new spot entries. Same for FEAR - #Bitcoin closing Year bullish, so in any case there will be new ATH next year. Nearest liquidity pools: above - 96631 / 97275 / 98300 / 99494 below - 94630 / 93760 / 92250 / 91400

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📉 Bitcoin Daily 📈 Wow, look, Santa is doing bungee jump from developing quarter VAH - 95.2k is my yesterday's forecasted target. From lower timeframes $BTC generated enough volume for short term bounce back to previous level I've marked at 96.5k and eventually to the lost dynamic SR at Q VAH. What next? Seems that this month last 6 days won't move far from current price zone. Developing Year candle very bullish, so all bulls have to do is to keep it more or less same till January 1st. Then price can dump to 77-80k creating buy tail for 2025 Year candle. And then #Bitcoin pump to new ATH somewhere within second quarter of next year. Nearest liquidity pools: above - 96538 / 97634 / 99404 / 100080 below - 94770 / 94126 / 93052 / 92301

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📉 Bitcoin Daily 📈 $BTC accomplished the move I forecasted - re-test dev Q VAH and 99k ✅ Now it moves in between Daily 20sma and dev Q VAH, and while it is Christmas I don't really expect nothing fateful from it. Its the same old weekend price action that can't be taken into account. But if we take it into account... two scenarios - lose of dev Q VAH will pull it back to 96.5k and then ~95.2k (developing 4H candle look like it gonna do it today). Second scenario - BTC stays within same zone and next working day try to breakout higher to 101k and maybe 103k. MERRY CHRISTMAS!!! 🥳🎄🎄🎄 Nearest liquidity pools: above - 99531 / 100050 / 100652 / 102032 below - 97117 / 96082 / 95133 / 94100 Lines on #Bitcoin chart: 🔸101200 - last week close 🔸99660 - November high 🔸97391 - developing Q VAH 🔸96475 - November close 🔸92272 - dump low 🔸92778 - developing Year VAH2 🔸77200-80260 - CME Futures gap

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