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ETH, the range hasn’t broken—high-level sell, low-level buy.
Yesterday, I synchronized with the big 🫓 bullish view. The market traded sideways through the day, and in the early hours a strong surge lifted it, completely kicking off the move. The price shot straight up to 1693; a day of holding on ultimately wasn’t in vain.
On the 4-hour chart, the short-term trend is still range-bound. After the Bollinger Bands tighten, price keeps tugging back and forth around the upper and lower bands, and it hasn’t shown any 🈳 signals. In this kind of setup, as long as the range isn’t broken, it remains “sell at the high, buy at the low.”
For reference, sell at 1680-1700.
For reference, buy at 1620-1600.