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ETH/USDT - 15 MIN
i would say this a little swing analysis.
If these three marked levels on the chart of 1200-1255$ not broken by the price upwards, I would say that in the next few days to weeks, it mainly depends on DOLLAR strenght, we can look lower for ETH at levels around 1045$ to 975$
THIS CAN ALL CHANGE TODAY, it all depends on the US CPI release this afternoon, of course I'll keep you informed
SEE YOU SOON
ETH/USDT - 15 MIN
i would say this a little swing analysis.
If these three marked levels on the chart of 1200-1255$ not broken by the price upwards, I would say that in the next few days to weeks, it mainly depends on DOLLAR strenght, we can look lower for ETH at levels around 1045$ to 975$
THIS CAN ALL CHANGE TODAY, it all depends on the US CPI release this afternoon, of course I'll keep you informed
SEE YOU SOON
Order cancelled
DXY - 4H - AFTER CPIThe Dollar Index after Inflation printing at 7.7% is really melting today,
we finally saw a slowdown in inflation last month, the dollar took a real hit
and fell to the range between 107.7 that we tested in late August
and the resistance at 109,500 that lasted until late in September
I would say that until clearer statements come in December from the FED,
we will see a slowdown moves in this range
These announced data pushed eth up to $1340, which for my analysis means that, as I wrote, it only applies if inflation exceeds expectations
SEE YOU SOON
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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.