ETH Price Volatility: Beware of Trump's Comments
From our previous analysis, the price reached the first target. After Trump posted new comments, ETH surged by nearly 17%, tested the structure zone, and then moved down again at a time when everyone was expecting it to rise further.
However, it appears he may be playing with the markets, and hedge funds are likely closing profits from the top. Be cautious, as this is not a positive sign. ETH retraced all gains easily and, after any correction, it may decline further.
From our previous analysis nothing changed
Trump comments:
In his post on Truth Social on Sunday, Trump named bitcoin, ether, Ripple Labs' XRP, solana and cardano to be part of the reserve. "I also love Bitcoin and Ehtereum," the US President said, while adding that the two cryptos will be at the "heart of the reserve".
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Previous analysis:
From our previous analysis, the price reached the first target. After Trump posted new comments, ETH surged by nearly 17%, tested the structure zone, and then moved down again at a time when everyone was expecting it to rise further.
However, it appears he may be playing with the markets, and hedge funds are likely closing profits from the top. Be cautious, as this is not a positive sign. ETH retraced all gains easily and, after any correction, it may decline further.
From our previous analysis nothing changed
Trump comments:
In his post on Truth Social on Sunday, Trump named bitcoin, ether, Ripple Labs' XRP, solana and cardano to be part of the reserve. "I also love Bitcoin and Ehtereum," the US President said, while adding that the two cryptos will be at the "heart of the reserve".
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Previous analysis:
Trade active
Still bearish and can move down more
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t.me/KlejdiCuni
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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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
Related publications
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.