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SFP last night (42444), TP1 (never trust a double top!), scalp short could turn into swing
10 green daily candles = very strong move, could drop as quickly (not much support)
We hat S/R-flip, break of POC 39700 and HVN / CC = weakness, then drop to 35k at least (or form range above it),
then 32k, if loose lows 30k = 26k
Marked volume levels (exo, nPOCs, now color same as horizontals), deleted some close together
Uptrend volume: Merged all profiles of uptrend starting from lows (1 day before drop), 1. Key level is right on
uptrend POC
Checked volume with TV: does not change much, could still be in gib range
Bump & run invalidates SFP-scenario (acceptance above 43500 = no short), be aware of CC, above POC 58k = ATH
Would not be as aggressive on break of SFP levels, would market short above if given
If ETH/USD looks like heading to monthly, if ETH/BTC move 10% and BTC 7%, ETH would hit 3k levels
1. scenario: If holding 43.5k holding as support = 48-52k at least = good short opportunity based of reaction, but big
zone of resistance, thus would start as an intraday trade
2. scenario: Not many people would take (laddered) short 58k region if given, easier to define trade, trapped
volume, bigger fakeout possible, would be kind of WXY (adapted bearish count)
43-43.5k still relevant, be aware of massive volume breakout (no breakout trade, no preset short, no short no trade,
looking for acceptance into the range after break, sitting on spot)