It seems great trading opportunity with the very traditional analysis. The dynamic Pivots line (EMA of Pivots) seems very good act as the dynamic resistance and support level, that creates a lot of very strong entry signals for the pullback, breakout, or swing trading. Setup
1H ETH-USDT chart
Daily Pivots with DeMark formula
5 days extension (i.e. using the recent daily Pivots for 5 days in the future)
EMA to calculate the dynamic support and resistance levels
Trading rules
Long entry when EMA(close) crosses over the dynamic resistance and support line
Short entry when EMA(close) crosses under the dynamic resistance and support line
Exit by static resistance and support levels with expected take profit.
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