In the following 1 day ETH chart we see a developing head and shoulders which would make a lot of sense to play out due to the current macroeconomic situation.
NOT FA , DYOR My ideal two scenarios for BTC. Things are not looking good economically speaking but we seem to start to approach weekly key levels that prices could bounce off.
As we know yield curves help us determine whether we could be entering a recession and as for now, things are not looking very well
Oil and gas profiting from raising prices and commodities raising due to inflation and bottlenecks. Super strong momentum, needs some downsiede before rally continues as it is super bought. I see a retest and a continuation if situation remains the same
Following the 15min we see an emerging uptrend whics support was broken, a perfect buying oportunity and looking for it to touch back previous resistance
Taking a look at the chart we can see PLTR was been falling while making small pull ups to then keep diping, PLTR is definately a pick Long term speaking, but as for this months we continue to see major pulldowns