ETHUSDT - Buy the Rumor, SELL the Newsđ
Hi Traders, Investors and Speculators đđ
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. đ©âđ«
As you will see in all crypto news, there are countdowns everywhere to the Ethereum Merge. As of right now, we're standing on 1 days 15 hrs 45 mins . (Estimated based on difficulty and hash rate). What ever your personal beliefs are about this merge, is irrelevant. The only thing to remember, is this old trading saying : Buy the rumor, sell the news. We can already confirm this on the charts by spotting a failed breakout at support zone $1670 , after the bearish head and shoulders pattern. A trade setup can be taken if the daily closes UNDER resistance. A Long could be considered if the daily closes ABOVE resistance, but I'm leaning towards the short setup.
Here's my take on Bitcoin, and a free Chart Analysis masterclass in 7min on trendlines :
_________________
Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities đHit like & Follow
We thank you for your support !
CryptoCheck
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. đ©âđ«
As you will see in all crypto news, there are countdowns everywhere to the Ethereum Merge. As of right now, we're standing on 1 days 15 hrs 45 mins . (Estimated based on difficulty and hash rate). What ever your personal beliefs are about this merge, is irrelevant. The only thing to remember, is this old trading saying : Buy the rumor, sell the news. We can already confirm this on the charts by spotting a failed breakout at support zone $1670 , after the bearish head and shoulders pattern. A trade setup can be taken if the daily closes UNDER resistance. A Long could be considered if the daily closes ABOVE resistance, but I'm leaning towards the short setup.
Here's my take on Bitcoin, and a free Chart Analysis masterclass in 7min on trendlines :
_________________
Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities đHit like & Follow
We thank you for your support !
CryptoCheck
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