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We have found a bottom both in Bitcoin and Ethereum overnight

Posted by anthony hambrick on April 25, 2022 - 9:55pm




And ETH is painting one of the most perfect buy setups I've seen in a long long while


What MAKES it a perfect buy setup?

Well, firstly look at the previous move up.

A move so smooth and lacking in meaningful pullbacks will have sideline dip buyers who wanted to get long on a pullback... but that pullback never came.

That makes them horny horny horny for dips.

Secondly we have 3 times that ETHBTC has tried and failed to go down.

Markets rarely try anything a 4th time without trying the oppposite first.

Thirdly the higher timeframe trend on the monthly chart is up and this is just a pause that refreshes the bull market in ETH.

Lastly we are at a historical low volatility point.

Stated another way, this market is so fucking boring that people have lost interest (that's WHAT low volatility is) and we know that these times have a higher probability of kicking off massive moves.

So the odds are in our favour from a number of perspectives.

It's time to bet.

But if you find all this white-man-magic a bit confusing I don't blame you...

It took *me* a decade to figure it out.

There's an easier way. That gives you exactly the same result with none of the brain-tangle.

Our AWCE system has neatly tracked with an algorithm exactly what I would have done if I wasn't a systematic trader.

So you can just get that, and be done with it. Stay in the strongest coins all the time.

Andries Van Tonder thanks for sharing this info Anthony....
April 26, 2022 at 8:31am