$ETH
Hello, everyone. How are you all? Hope you are doing well.
Well, market is rebounding. It’s a good news for the bulls. But will it be sustainable? I've told you guys many times that I was waiting for ETH to hit my red box (check 2nd screenshot) which was around $2.8k but market makers have another plan. They hit the upper red box first.
If you've caught the move then congratulations. It wasn't that I was sidelined. I was continuously doing scalp trading and made some profits also (check 1st screenshot). Currently, ETH is facing 100DMA as a resistance. So, I'm expecting a pullback here. I'm still waiting for my red box to be hit for heavy entry. Let's see if I get that or not.
TOTAL3 is also facing strong Fibonacci resistance as well as 100DMA. It just broke out the trendline (check 3rd screenshot) and currently doing a retest. Successful retest will create some fake pump (aka bull trap) to trap late longers and then dump the market. Let's see what happens.
As always, I will be there to update you guys.