So the corrective move I illustrated last week is still fairly in play. Now I can imagine these 2 PA to happen next, and as I mentioned I'll be waiting for a considerably nice reaction from my AOV to get into a long setup while having in mind that as we get closer to the merge, the news outcoming from the event will exaggerate any move in the charts.
In my opinion, depending on how the merge will take place, it will have a big impact on Ethereum's "perception of value". Thus we shall expect some serious volatility for sure. regardless of the fundamentals, here's what I see as technically possible for Ethereum in the coming days.
I'll post an update next Sunday!
Cheers.
In my opinion, depending on how the merge will take place, it will have a big impact on Ethereum's "perception of value". Thus we shall expect some serious volatility for sure. regardless of the fundamentals, here's what I see as technically possible for Ethereum in the coming days.
I'll post an update next Sunday!
Cheers.
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