Crypto-Frantisek

ETH SHORT - CPI DAY

Short
Crypto-Frantisek Updated   
BINANCE:ETHUSDT   Ethereum / TetherUS
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ETH/USDT - 15 MIN

i would say this a little swing analysis.
If these three marked levels on the chart of 1200-1255$ not broken by the price upwards, I would say that in the next few days to weeks, it mainly depends on DOLLAR strenght, we can look lower for ETH at levels around 1045$ to 975$

THIS CAN ALL CHANGE TODAY, it all depends on the US CPI release this afternoon, of course I'll keep you informed

SEE YOU SOON
Order cancelled:
DXY - 4H - AFTER CPI

The Dollar Index after Inflation printing at 7.7% is really melting today,
we finally saw a slowdown in inflation last month, the dollar took a real hit
and fell to the range between 107.7 that we tested in late August
and the resistance at 109,500 that lasted until late in September
I would say that until clearer statements come in December from the FED,
we will see a slowdown moves in this range

These announced data pushed eth up to $1340, which for my analysis means that, as I wrote, it only applies if inflation exceeds expectations

SEE YOU SOON

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