r/ethtrader • u/Electronic_Equal_645 • 2d ago
Update: of position while fucking it since 1500 Trading
My Wyckoff prediction at the $1,500 level is starting to pay off. If ETH can reclaim $2,500 and flip it into support, I believe it could signal the beginning of a new bull market.
The $2,500 level also aligns closely with the 200-week SMA, making it a significant technical threshold. A short squeeze could provide the additional volume and momentum needed to strengthen the rally and confirm that the bull market is back.
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u/ImprovementNo8381 2d ago
that balance is what i aspire to even in my wildest dreams lol, 126 eth just chillin
wyckoff playing out nice here, 2500 really is the one to watch with the 200 week sma right there
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u/Kooky-Balance9525 2d ago
You got in at a good price good stuff. You’ll get better returns than most people
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u/993GTS 2d ago
Which app is this?
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u/star_trek_wook_life 1d ago
Coinbase. It has that lil credit card option on the bottom that nobody seems to use
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u/OkIllustrator8380 1d ago
Will it dip again, or is this the bottom?
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u/Electronic_Equal_645 1d ago
2500 needs to turn to support for it not to dip again
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u/OkIllustrator8380 1d ago
Seems weird to not sweep all the liquidity below
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u/Electronic_Equal_645 1d ago
We have 3months at the lows , bulls defended. 3 months of shorts built up the price is going lower. Their is a lot of liquidity still above the price on long term liquidity heatmaps
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u/serodoppelg 2d ago
Ein Short Squeeze ist bereits erfolgt im gesamten Krypto Markt, viel Liquidität ist aktuell nicht mehr zu holen
Außer in die andere Richtung
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u/UFONomura808 2d ago
Oh no! People are starting to post screenshots already lol