$ETH closing D inside macro range
The price of ETH is expected to close inside the range formed back on 30 May 2022.
This would mean 2000 - 2140 would have been a deviation, and our next target would be 1400-1500.
As a result, if the current trend continues, we should be prepared for a significant shift in the market and a potential decrease in altcoin prices.
This would mean 2000 - 2140 would have been a deviation, and our next target would be 1400-1500.
As a result, if the current trend continues, we should be prepared for a significant shift in the market and a potential decrease in altcoin prices.
Note
This is a nice reaction to the KEY swing point / monthly open. The EMA200 4H is being rejected at the moment. Still on track to EQ imo
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.