LONG ETH/BTC Possible void fill incoming, 3.5 risk/reward setup
Ethereum should be seeing a move up to retest that bearish orderblock which sent it down to this range.
This setup is only viable IF we break above that small block we're pushing against right now.
So the strategy is:
1) wait for the break
2) enter on retest of support
3) stop below previous low
4) pray to Vitalik at the start of each candle until the price hits our goal
Original idea by Svarog https://www.tradingview.com/chart/ETHBTC/xgpgZfsU-ETH-BTC-Possible-void-fill-incoming-3-5-risk-reward-setup/
This setup is only viable IF we break above that small block we're pushing against right now.
So the strategy is:
1) wait for the break
2) enter on retest of support
3) stop below previous low
4) pray to Vitalik at the start of each candle until the price hits our goal
Original idea by Svarog https://www.tradingview.com/chart/ETHBTC/xgpgZfsU-ETH-BTC-Possible-void-fill-incoming-3-5-risk-reward-setup/
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.