POS is not an obstacle for dumping!
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Ethereum PoS dump is not a hindrance to 2.0
Good afternoon, Ether has started to show weaker than bitcoin and ether balances on exchanges remain high today CPI, see where this takes us.
Don't forget where the history of Bitcoin KESH and SV split led to, after a flat movement the instruments collapsed, this scenario could happen with Ether as well, provided the major global indices S&P500 collapse.
Long
The long scenario for the ether is possible on the jump of good PPI figures (today at 15:30), fixing above 1750, namely the presence of a real buyer on the thermal chart will open the way to 1800 dollars if we consolidate above 1800 and go to the excess.
Short
The sell-off at 1750 (or earlier) fixing under 1652, no buyer at 1600, we may come to 1425 if we break it on volumes and pass under it (1425) IMMEDIATELY close the GAP at CME at $1285.
P.S.
I do not adhere to a time frame in my analysis of the instrument, the reaction in the instrument may occur earlier or later. It is important to understand the price movement when reacting to the level, as well as the reaction of the buyer and the seller. Well, a couple more secrets, but you already have some ready-made material)))
Subscribe and get a free trading strategy for Bitcoin and Etherium every day!
Ethereum PoS dump is not a hindrance to 2.0
Good afternoon, Ether has started to show weaker than bitcoin and ether balances on exchanges remain high today CPI, see where this takes us.
Don't forget where the history of Bitcoin KESH and SV split led to, after a flat movement the instruments collapsed, this scenario could happen with Ether as well, provided the major global indices S&P500 collapse.
Long
The long scenario for the ether is possible on the jump of good PPI figures (today at 15:30), fixing above 1750, namely the presence of a real buyer on the thermal chart will open the way to 1800 dollars if we consolidate above 1800 and go to the excess.
Short
The sell-off at 1750 (or earlier) fixing under 1652, no buyer at 1600, we may come to 1425 if we break it on volumes and pass under it (1425) IMMEDIATELY close the GAP at CME at $1285.
P.S.
I do not adhere to a time frame in my analysis of the instrument, the reaction in the instrument may occur earlier or later. It is important to understand the price movement when reacting to the level, as well as the reaction of the buyer and the seller. Well, a couple more secrets, but you already have some ready-made material)))
Good luck and save your deposits
