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ETH/USDT - Looking Ahead 🔮

BINANCE:ETHUSDT   Ethereum / TetherUS
$1700-1800 remains an important range for Ethereum.

Having been rejected back in September, if we can't push up and consolidate above, then we might be in for some decent downside.📉

Our overall sentiment on crypto remains the same - that being a decent pump pre & post midterm, then decent leg down end of Q4, into Q1 of 2023. Difficult to time exactly when, however the macro situation doesn't make us bullish at all in the short term. For now, we're still leaning bearish (longer term). 🐻

That being said, if we do nuke down into the $700-900 range, we'll be looking to pickup a decent chunk for long term HODL. 🤝

Eyes peeled today with the FOMC. 👀

Cheers.

-Tuccinomics
Chief Overlord, AlgoBuddy

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