🔥Hi friends! I said in previous ideas that ETH will not grow streight after the MERGE and now you with high possibility miss this growth from $1200 to 1700.
✅ Now I give you another opportunity to enter the market.
📊 Here the preconditions to open a long:
🔥price return or squeeze to the $1518-1630 value area
🔥find the local trendline at lower timeframe (30m, 1h, 2h) and use the squeze to it as the entry point
🔥big buy orders on the DOM and Footprint by the whales will confirm your thoughts
🚩 Actually, we can see a major stablecoins inflow and BTC outflow on several exchanges , which means that some whales are already bought BTC and ETH.
✅ My local targets on ETH:
1. $1683 - the local targets
2. 1800 - the key level and even number
3. $1900 - the key level and potential reversal point
Pay your attention to the possible local highs when the price aproach this huge resistance at $1900. We can see there the double top pattern or just the liquidity collection with massive pullback. So I recommend you to book the 90-95% of profit.
🚩 Be carefull at November 10, 2022 when the CPI (consumer inflation) data will be released. If inflation for October will be higher than 8%, it will be the disaster for all markets. So I recommend you to pull your stop higher before the announce, if you will open a trade.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
✅ Now I give you another opportunity to enter the market.
📊 Here the preconditions to open a long:
🔥price return or squeeze to the $1518-1630 value area
🔥find the local trendline at lower timeframe (30m, 1h, 2h) and use the squeze to it as the entry point
🔥big buy orders on the DOM and Footprint by the whales will confirm your thoughts
🚩 Actually, we can see a major stablecoins inflow and BTC outflow on several exchanges , which means that some whales are already bought BTC and ETH.
✅ My local targets on ETH:
1. $1683 - the local targets
2. 1800 - the key level and even number
3. $1900 - the key level and potential reversal point
Pay your attention to the possible local highs when the price aproach this huge resistance at $1900. We can see there the double top pattern or just the liquidity collection with massive pullback. So I recommend you to book the 90-95% of profit.
🚩 Be carefull at November 10, 2022 when the CPI (consumer inflation) data will be released. If inflation for October will be higher than 8%, it will be the disaster for all markets. So I recommend you to pull your stop higher before the announce, if you will open a trade.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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