Your Morning Read for 9.13.22: IS ETH ABOUT TO TANK?
The above chart shows ETH is either topping or has topped in wave 2 of 5 of c of C of super-cycle wave 2. Its running into channel resistance as well. Again, the BTC, SOL, and all other risks assets appears ready to succumb to the weight of gravity and now head down to their respective new lows.
Ethereum's chart, yet again, allows for that discussion about events and how they affect prices. If the above chart resembles an asset's price about to go lower, then theoretically any news or event announced is just an excuse...right? Good news or bad news, we can tell prior to any announcement that it appears the market will NOT like whatever the news is.
#TheMergeThursday9.15.22
Best to all,
Chris
Ethereum's chart, yet again, allows for that discussion about events and how they affect prices. If the above chart resembles an asset's price about to go lower, then theoretically any news or event announced is just an excuse...right? Good news or bad news, we can tell prior to any announcement that it appears the market will NOT like whatever the news is.
#TheMergeThursday9.15.22
Best to all,
Chris
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