ETH Started Another Impulsive Wave!
Today ETH ended another bullish wave and is expected to rise further.
The price reaction looks good so far. The market is expecting a rate cut by the FED during the September meeting. According to Reuters, the chances of a rate cut by the FED increase to 85.5%.
It seems that the cryptocurrency market is also absorbing the news and ETH could benefit from this volume in the short term to rise to 3850.
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day
Today ETH ended another bullish wave and is expected to rise further.
The price reaction looks good so far. The market is expecting a rate cut by the FED during the September meeting. According to Reuters, the chances of a rate cut by the FED increase to 85.5%.
It seems that the cryptocurrency market is also absorbing the news and ETH could benefit from this volume in the short term to rise to 3850.
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day
Trade active
ETH - Near to the third target :)
Trade closed: target reached
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Disclaimer
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✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
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.