Why Crypto Is Ripe For a Rebound | Two Trades I’m Placing Now

Ross Givens
Ross Givens Ross Givens is a veteran trader with over 15 years of experi...
March 17, 2026 | 4 min read
My Assistant Joined Me For Today’s Trades… Here’s What We Bought - Traders Agency

The broader market is flashing warning signs — but one heavily overlooked sector is setting up for a rebound.

While traditional equities face intense pressure, the crypto market is quietly forming textbook breakout patterns. This isn’t about chasing hype. It’s about identifying exhausted supply and taking advantage of clean, low-risk entry points using standard exchange-traded funds.


Geopolitical Weakness Is Real

After a deep dive through every sector — scanning the A-to-Z of businesses for clean setups — the results were painfully clear.

The S&P and the NASDAQ are struggling, weighed down by the war in Iran and the oil situation. Across traditional equities, there’s almost nothing clean out there.

SPY (SPDR S&P 500 ETF Trust) daily candlestick chart showing recent downward price action from highs near $700 to approximately $671, with MA Ribbon overlay indicating bearish momentum
SPY daily chart showing S&P 500 weakness amid geopolitical concerns

But chaotic markets often hide isolated pockets of opportunity. And right now, exactly one area is showing strong signs of a rebound off the bottom.

Believe it or not — it’s crypto.

Why Crypto Is Ripe for a Rebound

Crypto has been overlooked and underperforming for the past year. The crowd lost interest. That’s exactly when you should start paying attention.

What’s forming right now is a clean shallowing pattern across multiple major digital assets. Cryptocurrencies generally all move together — it’s very rare to see one surging while another collapses. When the tide turns, it tends to lift the entire sector.

XRP looks pretty good. Solana looks good. But two specific assets are showing the best setups for immediate entry.

The Mechanics of Supply Exhaustion

Every good crypto reversal looks exactly the same. The goal is to confirm that supply is exhausted — that sellers have run out of ammunition and buyers are quietly taking control.

It happens through a specific sequence:

First, the absorption of supply. Heavy selling pressure begins to dry up. The suppression gets absorbed by patient buyers stepping in underneath.

Then, the tightening phase. Price action shallows out, forming a textbook shallowing base pattern right off the bottom.

Finally, the breakout. The asset punches through key resistance levels and starts moving.

Daily candlestick chart for Ethereum (ETH/USD) on Coinbase showing a shallowing base pattern near the $2,100-$2,400 support zone, with MA Ribbon and drawn curve highlighting supply exhaustion
Ethereum’s daily chart reveals a textbook shallowing base pattern, signaling supply exhaustion as sellers lose momentum

No Crypto Account Needed

You don’t need a specialized cryptocurrency account to trade these moves. There are ETFs for the big five:

  • Bitcoin (IBIT)
  • Ethereum (ETHA)
  • XRP (XRP)
  • Solana (BSOL)
  • Link (GLNK)

Buy them directly in any standard stock account. These are the most liquid, highest daily trading volume ETFs for each of these digital assets.

List of cryptocurrency ETFs: Bitcoin (IBIT), Ethereum (ETHA), XRP (XRP), Solana (BSOL), and Chainlink (GLNK) — the most liquid, highest daily trading volume ETFs for each of the big five cryptocurrencies.
The top cryptocurrency ETFs for the five major coins, offering easy access through any stock account

Because cryptos trade 24 hours a day and stocks don’t, the ETF charts aren’t quite as clean as the raw crypto charts. But the exact same shallowing base patterns are forming.

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The Ethereum Setup

Targeting a new stage two uptrend

Ethereum (ETH) is showing a perfect entry point. The asset recently pushed through with a big 8% up day, breaking right through the 50-day moving average. The setup points to the start of a new stage two uptrend.

Daily candlestick chart for Ethereum (ETH/USD) showing a breakout above the 50-day moving average with an arrow indicating the entry point around $2,400
Ethereum breaks out with an 8% up day through the 50-day moving average — a perfect entry point

The trade: a long position using the ETHA ETF, which moves pretty much lock, stock, and barrel with Ethereum itself.

A 10% risk for 30-40% upside. That’s the kind of asymmetry worth showing up for.


The Chainlink Setup

A textbook breakout pattern

Link is a thinner, smaller cryptocurrency compared to Ethereum — but the chart looks perfect.

A beautiful 5-day shallowing pattern. Price cuts right through, sitting on the breakout area above the 50-day moving average. Every good crypto reversal looks exactly like this. Not guaranteed — but the pattern is as clean as it gets.

Daily candlestick chart for Chainlink (LINK/USD) on Coinbase showing a shallowing base pattern with price breaking above the 50-day moving average near $9.87, with horizontal resistance and support lines drawn
LINK/USD forming a shallowing base pattern and breaking above the 50-day moving average — a bullish technical setup

The trade goes through the GLNK ETF.

Order Structure Matters

For both the ETHA and GLNK positions, the stop losses are set as Good Till Cancelled. That way, the protection doesn’t go away at the end of the trading day. The stops stay active, guarding your capital while the trade has room to work.


Low Risk, High Probability

You don’t need to risk a lot of money to take advantage of these setups.

Wait for textbook shallowing base patterns. Use highly liquid ETFs. Define your risk with tight stops. The broader markets may be struggling because of the war in Iran and the oil situation — but crypto is showing strong signs of a rebound off the bottom.

Focus on exhausted supply, manage your downside with tight stops, and let the stage two uptrends do the heavy lifting.

Get an entire year of live weekly mentoring sessions, my newsletter, indicators, bonus reports, tons more. Click the link and I’ll see you in the next live session.

DISCLAIMER: Traders Agency does not offer financial advice. The information provided is for educational purposes only and should not be considered financial advice. Traders Agency is not responsible for any financial losses or consequences resulting from the use of the information provided. Trading carries inherent risks and may not be suitable for all individuals. You are advised to conduct your own research and seek personalized advice before making any investment decisions, recognizing the potential risks and rewards involved.

Ross Givens

Written by

Ross Givens Chief Market Strategist

Ross Givens is a veteran trader with over 15 years of experience and a former VP at a major Wall Street investment bank. Specializing in small-cap stocks and momentum-driven plays, Ross identifies high-probability setups before they hit the mainstream. As Lead Strategist at Traders Agency, he has guided hundreds of successful trades and developed multiple flagship publications.

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