1234qwer

Locally ETH broke double top line and we can build low-scope action-reaction set in order to find long entry point

There's a new action-reaction set with a long entry that has nice Reward:Risk ratio

AVA lazily broke trendline and started to move sideways. Now we have a good down sloping confirmed Action-Reaction set. We can have a short position with rather tight stop

Current steep action-reaction set has several good bounces as confirmations. I'm going to long from fat blue trend line with targets on orange line

We have made new local low, so the slope of active action-reaction set is chosen a little more more aggressively. He have tested our action line and retested it - price is bouncing so we are entering position with tight stop and good RR

The slope of up-sloping action-reaction set has changed. We are retrying to enter long after previously being washed, now the slope has more confirmations. RR is 1:3.25, but entry limit order should be continuously moving up while time goes by and up-slopping line is taking price higher

We have small scope action-reaction line set, and we are above important line. So we have a low risk entry with RR = 1:4

Last swing low of local uptrend movement is broken. We have a strong downward impulse.Here is a low-risk entry from action line of current down slopping action-reaction set.With stop placed behind recent swing high we have RR = 1:3Now we have the similar formation to the upside, so cancelling this short trade

Here is a nice slope for long entries found on ETHUSD. For current Action-Reaction set we have median line waiting for nice "wash and rinse" off last 2 points of up-stepping buyers. These last 2 bounces is a nice bait to attract small buyers and collect their stops after that.Target reached leaving formation that most likely will lead to loss if we keep an entry order, so cancelling the limit long order

Bitcoin continues swinging down with not soo steep slope. There's a high probability of another bounce from the area of action line (marked blue) that corresponds to upper down sloping range edge