The ETH Merge is completed but what do you think the after effect could lead to? Its obvious that the current market state will not support .I do see a Dump loading!
We see that since ETH price last leg down visit to support at $880 Back in July 18 2022, Buyers has managed to get a little recovery to over 2k But that only lead to a sideways market as we currently see Ethereum price returning back to that support range meaning no bottom is confirmed yet. The 4hrs chart wont be a smooth ride because of the current trading range is still in play First I do see an attack of the 10040 support level after which the sellers are likely to give the buyers a chance for a mini bounce back to retest the broken support of $1330 but this bounce is also likely going to $880. But If the weekly chart looks this bad after the Merge, What will the coming three months look like? <p>Lets look at the higher timeframe to get a bigger picture and see the forest for the trees.</p>
last leg down before the pump coming November to January 2023. my Short TA 1st 1k, 2nd $880 and 3rd...? My bigger question remains, will $880 hold these sellers? Let me know your thoughts.
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