Eth 1D with its recent rise, eth has broken the eq zone on the higher timeframe. the w imbalance (red box) and the dashed line (3649) above could act as resistance points. it’s wise to be more cautious when price approaches these levels. on the short term, if we see a strong sell-off, the eq zone, dashed line (2626), and green box could serve as support. if price drops to these areas, a quick recovery is necessary. if not, the situation could remain frustrating. the diagonal coming from 1400, where the institutional zone and imbalances intersect, might provide support. if you believe we are in a trend during this process, you can look for the entry strategy i shared in the bottom left on altcoins. identify those that have finished accumulation and broken out—set your alerts. when price reaches those points, depending on the situation, you can enter trades or make scaled entries.
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gm gm.. been inactive on the crypto side for a while due to military service, moving house, and some personal matters. it was a pretty intense and tiring period for me, but i'm slowly getting back in front of the screen.. starting today, i'll be sharing my charts and small tips with you again. as i've said before, you can see the charts i share not as signals but more as educational content to help you improve yourself. Btc 3d btc just broke out of a range it’s been in for 230 days with a strong breakout candle. with a good weekly close, there’s currently no sign of weakness on the higher timeframe. on the short term, if we see a strong sell candle, the green box and the last fvg left could act as support. during this time, imbalances on lower timeframes might work more effectively. also, since the price is in an exploration phase right now, the diagonals i've drawn could indicate the next resistance levels. you can also try to find these using fibonacci extensions yourself.
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