I repeat,
My main account @H_C_C_007 is suspended, submitted an appeal but that's all I could do.
Feeling distraught but we haven't got any other choice.
Follow for more #Crypto market update. $BTC $ALTS
🚨BREAKING: The Supreme Court has ruled 6-3 that Trump's trade tax policy is illegal.
The court found that the large tariffs imposed by the Trump administration under the International Emergency Economic Powers Act lacked clear legal authority.
$MOEW
On weekly I do have concern as the candles seem horrible but its a low cap so..
On daily, finally it is retesting the EMA band. Let's see its reaction.
$NOBODY
I was right to wait for the selling pressure, it glided down badly.
However it is interesting how fast it bounced of 10 cents support and went back retesting the EMA band.
I'll give it time for now, could be a short squeeze.
$NOBODY
This is probably the best setup in my radar, holding the EMA band well with triangle pattern.
At this point I just wanna see how it is reacting to current selling pressure before I make any decision.
$ENA
On daily its holding the EMA band.
Imma be honest, Im seeing a potential range here between 20 to 30 cents in the next month or so. Chart doesnt look ready for huge expansion just yet.
$ENA
It is loosing the EMA band but this is normal, this is its first time breaking through with strength after months.
One minor thing that worries me is its failure to break previous trendline.
I need to see a clear deviation though before anything.
$NPC
On weekly, it is a clear rejection there, price still in a downtrend so I'd be cautious here.
On daily, it didnt got to midrange but still holding the EMA band. However key here is always price action and so far, it really hasn't make a good high there imo.
Dead-cat bounce?
$VINU
We have 3 weeks (currently fourth) of price of kinda similar candles, I believe this marks the end if its downtrend.
I expect price to move up at least to the circled area if we managed to hold this.
8/ Conclusion:
I think in near midterm $ETH will rally to $3500-$3600.
Long term I think $ETH will experience a rally if it manages to break the $5000 mark.
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A lot of talks have revolved around $ALTS whether we will experience #altseaon and it all comes down to one entity,
Ethereum 💎
So what can we acknowledge about $ETH so far❓
Let's delve into it 👇.
7/ $ETH on daily also shows significant strength.
Why do I say that? Because since late 2023, every single time $ETH suffered major drop and then it reclaimed the 50MA, it will rally. Remember that price is in the upper range.
@UsmaanTalkUTD Always mention 15th, which was ten hag's squad but never this season's 6th (3 points of top 4)??
Keep in mind amorim didn't want to come mid season, board asked him to.