TheChartGuys

Congrats bounce players!

COINBASE:ETHUSD   Ethereum
There were a few fake outs along the way but huge volatility and bounce opportunity each time.
Please see the live recorded youtube video from last night to see the strategy I used 3 times on the bounce.
Currently all out of my most recent $1,050s position as I am looking for a lower high on the hourly to form, and healthy consolidation for a higher low.
Note there is a lack of support established on the 15 min time frame on this bull move, which is why I prefer to sell into strength.
Correlation with BTC means watch BTC for signals and levels.
Hourly bullish reversal candle from oversold conditions.
No entries up here, and for 5 min consolidation to begin, then start 5 min higher lows and higher highs again to indicate the potential hourly higher low.

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