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Published 8 Aug 2026, 15:00 UTC · fetched 3 Nov 2026, 10:58 UTC
Merlijn The Trader
@MerlijnTrader
YES, ETHEREUM WICKED BELOW THE CHANNEL. TWICE. THAT'S THE SETUP, NOT THE FAILURE. The pattern is simple. Price builds a rising channel, drops below it long enough to shake out everyone holding, then reclaims and runs. It happened once earlier this year: a wick to $2,150, then $3,422. This time it happened twice. June and July both broke the channel low and both were taken back within weeks. Price is at $1,917, holding above both. A single fakeout traps the impatient. A double traps the people who thought they were smart.View original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Repeat call within an existing 24h episode
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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