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📉 Precise top-spotting! ETH crashes 6% as expected, and the 4-hour top divergence kicks in! Next, short with focus on 1930-1950!
Yesterday I posted saying it was about to top out, and sure enough, a massive waterfall hit—ETH dropped 6% from its peak. Of course, this is indeed a big selloff caused by multiple factors resonating together, including a fully formed four-hour structure in Chan theory + a four-hour top divergence + ETH reaching a key resistance area such as 1964. What we need to do now is to patiently wait for a four-hour rebound without breaking the high point, then short, ride a wave of daily downside. The key is to watch the short zone at 1930-1950. #eth
Yesterday I posted that a top was close, and sure enough, a massive waterfall drop hit—ETH fell 6% from its highest point. Of course, this is indeed a big drop caused by multiple factors in resonance: a fully formed 4-hour structure in Chan theory + 4-hour top divergence + ETH rising to key resistance zones like 1964. What we need to do now is patiently wait for a 4-hour rebound, then open a short as long as it doesn’t break the previous high, aiming to catch a wave of daily-chart downside. The key is to focus on the short entry zone of 1930-1950. #eth