
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.
