EsotericTrading

Mercury Speed And Pattern Ethereum

BYBIT:ETHUSD   None
As you can see when Mercury speed accelerates, it has recently lead to longer down trends (when the horizontal lines are closer together).

Now we are at the point where Mercury is slowing (expanding) again - as well as entering its uptrend "pattern". We are still in an overall bearish longer term multitide of cycles until 2024, but I would not be suprised to see the price rise into the first week of May.

From the Lunar eclipse towards the end of May looks sketchy.
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.