ETH/USDT Another Breakdown??
Hey, guys ✌️
Let's kick off this day with ETH/USDT pair. After breaking from that trend (purple zone) which also broke both EMAs we reached the zone of $1500. There we are having smaller re-test which is logical as we are still waiting for some major news today - CPI data by USA
We are waiting for some bearish news from there but never know as they say. If we get some clues about inflation not going down we will most likely continue the movement to grab those lower levels.
If we get some positive news then there is that liquidation grab zone which we will most likely go towards
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Let's kick off this day with ETH/USDT pair. After breaking from that trend (purple zone) which also broke both EMAs we reached the zone of $1500. There we are having smaller re-test which is logical as we are still waiting for some major news today - CPI data by USA
We are waiting for some bearish news from there but never know as they say. If we get some clues about inflation not going down we will most likely continue the movement to grab those lower levels.
If we get some positive news then there is that liquidation grab zone which we will most likely go towards
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
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