
Ian_Carsen
@t_Ian_Carsen
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Ian_Carsen

If this fills it should be a good option! Target can be adjusted. entry as well. If there's a major bounce before fill cancel the trade.

Ian_Carsen

Unfortunately, this rally may be short-lived. There's a decent likelihood of taking support more properly below, the bigger support being highlighted, although of course it may hold something higher such as the other area of interest shown!

Ian_Carsen

Possible trade on Ordi, still a little far from entry

Ian_Carsen

What I believe eth is likely to do over the next month or so given the current landscape.

Ian_Carsen

for this kind of a trade on ETH I'd be looking at the greediest levels in that upper range. However, if it bounces from something else in there cancel the trade!

Ian_Carsen

It appears BTC is currently heading lower to take support on one of the indicated ones, I personally will try for the lowest indicated level of the first zone, with stop below the second zone.

Ian_Carsen

BTC failed to hold the higher levels to allow for a fast move up. We need to wait for it to find a bottom and show signs of strength. It may do that off of the current levels (which are the last in the range) or if we go lower the next area of interest is indicated.

Ian_Carsen

As unrealistic as it might seem, I believe there’s a good chance Bitcoin holds the lows here (polarity after holding SOR), and eventually takes out the high again.

Ian_Carsen

There has been no retracement within the current price range. As a result, this is looking very much like a classical Elliot wave impulse. This one should have nine waves before another corrective phase.

Ian_Carsen

BTC continues to grind higher, however, another (at least smaller) corrective phase should occur soon. We may hit the important supports below after all or we may hold the local low. After this process completes we should see new ATH. Corrective phases are difficult to predict unfortunately!
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