ETH: Bullish Breakout as Inflation Data Weakens the US Dollar
Ethereum is a bullish forecast that I published a few days ago. The price was accumulating and finally broke out of the pattern.
After the US CPI data yesterday, the entire market started to move against the US dollar. Also, ETH came out of the bullish pattern thus confirming a possible larger move, as shown in the chart.
Maybe today's US PPI data and also the weakness that has already affected the US dollar can help ETH grow more.
However, do not forget that Trump made billions by manipulating the cryptocurrency market and all other markets as well.
Targets:
1950
2150
2300
You can find more details on the chart.
Thank you and good luck! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
Ethereum is a bullish forecast that I published a few days ago. The price was accumulating and finally broke out of the pattern.
After the US CPI data yesterday, the entire market started to move against the US dollar. Also, ETH came out of the bullish pattern thus confirming a possible larger move, as shown in the chart.
Maybe today's US PPI data and also the weakness that has already affected the US dollar can help ETH grow more.
However, do not forget that Trump made billions by manipulating the cryptocurrency market and all other markets as well.
Targets:
1950
2150
2300
You can find more details on the chart.
Thank you and good luck! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
Note
Previous analysis:
✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Related publications
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.
✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Related publications
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.