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ETH Merge will squeeze price up to unload lockup, Then Down.
Ethereum / TetherUS
ETH Merge will squeeze price up to unload lockup, Then Down.
By meltedlaughter
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Sep 9, 2022
3
2
2
Sep 9, 2022
ETHUSDT
My opinions in order of likelihood
(See more Detail Opinion written on Callouts in Chart)
Option 1 *
- Merge will lead to forcing price up
-- So that those with locked ETH get their value worth back
--- Then it will crash back down through the levels.
Option 2
- Fake out here / Turn now and we fall to the bottom Area on the weekly Low over the last couple of years.
Option 3
- We Range and Crab for months and months while inflation eats away the relative floor value. vs what would have been nominal.
Beyond Technical Analysis
crypto
Cryptocurrency
ETH
ETHUSDT
Fibonacci
Gann Fan
merge
speculation
Technical Analysis
meltedlaughter
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