Ethereum continues to make range and deviation like a textbook. Under normal circumstances, the retest characteristic of the range high after the range has been abandoned is something we often see in volatile markets such as crypto.
However, in Ethereum's case, there is a movement I call move number one. This move pushes me to wait for the middle of the range or range low and deviation from the strategy of entering where you first found it and being patient.
By examining other charts where you see move number one, you can see that I am generally right, that extremely bullish pairs do not return deep into the range and give their retests to the top of the range as much as possible.
I don't overcomplicate things and add a ton of dirty crap to my charts, but you can check out the success of my analysis below.
I approach trading with confidence backed by experience and past success in identifying high-probability setups.
While I don’t claim to be the best, my track record speaks for itself, and I strive to let my analysis and results do the talking. Watch these levels closely markets can confirm what charts already whisper.
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