famous_analyst69

$ETH closing D inside macro range

Short
BYBIT:ETHUSDT.P   ETHUSDT Perpetual Contract
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.
Comment:
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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