ImaginaryQuant

ImaginaryQuant

Just bullish on ETH. Everything points to a price increase. My basis is based off of a 59B$ USD accumulation (green level) from ETH whales to hold current support levels. Sell offs will allow these whales to continue to accumulate more ETH at lower prices to create scarcity amongst such a busy network which will lead to increase price of ETH. Analysis shows...

ImaginaryQuant

Bearish Pennant forming RSI peaking at 50 before news from Fed regarding Job Opening/Manufacturing PMI reports looking at negative inflation reports. Fed Meeting minutes at 2:00PM gives more insight into monetary policy and rate hike forecasts. Labour market strong but might be forced into an Fed induced recession. Looking for steep correction to recent price...

ImaginaryQuant

Mostly overall bullish on ETH over the next few months. Moving averages are slowly reversing from a downtrend. News seems very bullish with new merge incoming in August. Arrows indicate my predictions to come. Great time to scalp for lowest prices for entry. Good luck have fun traders.

ImaginaryQuant

All EMA lines stabilizing. Waiting for the 50 to cross the 100 day EMA to confirm mid term bullish run but could be an instance where you see the 50 cross both the 100 and 200 day EMA. Overall, bullish sentiment is there RSI weekly value below 40 and tons of bearish movements bound to correct itself and reverse. Great time to scalp price of ETH.

ImaginaryQuant

20/50/100/200 day Exponential Moving Averages are stabilizing price movements. Expect slight pullbacks due to S&P 500 fluctuations. RSI stable around 45-55 staying neutral for the time being. Overall looks like bears have had their chance to shine and I’m expecting a nice run up to 3900$. Continue to accumulate at levels below.