A potential path for ETH before resuming a bullish major trend, is drawn with a purple arrow.
I don't think the FED will cut rates today. In fact, maybe in September. Maybe. If the FED cut rates, then the target scenario (green box in the chart) would not play out, we would shift to a bullish movement. I wish for that, but I don't think is near yet.
That being said, the current potential risk, I calculated it to -30% from current levels. Exact prices are impossible to predict, rather I focus on target areas.
DISCLAIMER:
Do Your Own Research, don't use mine to invest! This is not a financial advice, it is only a mere opinion of mine. I own several cryptocurrencies, including ETH.
I don't think the FED will cut rates today. In fact, maybe in September. Maybe. If the FED cut rates, then the target scenario (green box in the chart) would not play out, we would shift to a bullish movement. I wish for that, but I don't think is near yet.
That being said, the current potential risk, I calculated it to -30% from current levels. Exact prices are impossible to predict, rather I focus on target areas.
DISCLAIMER:
Do Your Own Research, don't use mine to invest! This is not a financial advice, it is only a mere opinion of mine. I own several cryptocurrencies, including ETH.
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.