Ethereum weekend thoughts
I still say we are on track to hit $1400-$1600 ranges for a liquidity grab as well as to resolve a short-term oversold metric. However, unless we get a major change in narratives and or global economics, we are STILL in a Bear Market and a down trend.
I'm still expecting more downside going into the end of the year/next year as they finally get the U.S. absorbed in Recession feelings and maybe even by Q2 2023 begin foretelling of a possible global depression.
Trade wisely and remember to preserve capital at all costs.
IF you're not really short-term trading and looking at investing on a longer horizon as in months and years vs days and weeks. These are looking to be REALLY good ranges to begin your and or stick with your DCA strategy and or time to adopt one.
#Ethereum #Eth
I'm still expecting more downside going into the end of the year/next year as they finally get the U.S. absorbed in Recession feelings and maybe even by Q2 2023 begin foretelling of a possible global depression.
Trade wisely and remember to preserve capital at all costs.
IF you're not really short-term trading and looking at investing on a longer horizon as in months and years vs days and weeks. These are looking to be REALLY good ranges to begin your and or stick with your DCA strategy and or time to adopt one.
#Ethereum #Eth
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