// ETHBTC I think it looks amazing. > All this Ethereum USD upside happened while ETHBTC is still in the bottom-forming zone of the macro chart. > Imagine if it starts trending up? Medium timeframe: we could just close above and super-rally, but it’s still a macro range-low resistance. Even if it breaks, traps could happen first. It’s a level with a higher trap probability: take this into account when you make your plan (position size, scaling, etc.). At least be prepared, understand probabilities coming with the levels, and don't be surprised if you fomo in here and we don't continue to super moon every day from here on, but could see some shakes first. aka, zoom out and don't depend or try to trade the lower time frame noise.
CryptoAmsterdam
CryptoAmsterdam9.8. klo 19.23
// ETHBTC All of this Ethereum pump happened while ETHBTC is still in the bottom accumulation range. A lot of room left to trend up, but we need to reclaim the macro range low first. Medium timeframe: we’re hitting resistance here while ETHUSD breaks the highs. Very big levels, and a very big decision point. It could be either way, a rejection (initially?) and more chop, or full party mode. Again, avoid FOMO, move slow, and stick to your plan. Macro-wise bullish, regardless of the short/medium-term price action.
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