Recap: On the (old) previous analysis: Price went to Red 1, turned and reached Green 1, where it failed to Red 2. What is in the pot now and what will cook over? In the ETH analysis Money Man gave a short story as to where he has been for the last while. All the galivanting has taught him at least more about the pressures building now.
Conclusion: Everybody sees the support and fear it breaking. Money Man has learned more about the inter-relatedness of the markets and can see more clearly why. The move out of here should give us a good trade. You live, you learn. Something is in the water again. Remember: No guarantees, only probabilities. Very Important to me: Please like if you appreciate the effort, Please comment and develop this further and Please follow if you see this analysis thread going somewhere you would like to know about.
Conclusion: Everybody sees the support and fear it breaking. Money Man has learned more about the inter-relatedness of the markets and can see more clearly why. The move out of here should give us a good trade. You live, you learn. Something is in the water again. Remember: No guarantees, only probabilities. Very Important to me: Please like if you appreciate the effort, Please comment and develop this further and Please follow if you see this analysis thread going somewhere you would like to know about.
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