😄Vitalik and CZ ready to ETH2.0: BUY or SELL before the PoS?

31 באוג׳ 2022

Hi friends! Push "boost"🚀 , if you are waiting for the Ethereum 2.0 too. I decided to make this idea after the creator of Ethereum Vitalik Buterin give us the strongest long signal 😄 before the merge on or around September 15.

Thanks you for your likes and comments. It`s gives power to make the best analysis for you.

🚩Of course, the half of the title is a truth) I explain you both technical and fundamental analysis of Ethereum price in this idea. Which side to choose before the merger? Should you open a Long or Short trade?

📊 Technical analysis
The ETH fall from this highs for -30%. It`s a good correction which trap the most of newbies who want to buy ETH before the merge and change it network from PoW to PoS.

Technically, the price fall to the strong value area of $1450-1644. Also, the key level and even number of $1500 is additional support.

The next support is the HUGE $1000-1250 value area.

📊 The possible targets:
1. $1700 - key level
2. $2000 - key level

📊 Fundamental analysis
Here some facts about ETH and upcoming month:
1. If every trader talk abour how ETH will PUMP after the merge, i think it will lead only to a trap. You will lose the money with high possibility because the most traders can`t earn.
2. Bitcoin not in a good conditions. If the price of BTC fall so the price of Atls fall also. The same with the growth. So a lot depends on Bitcoin.
3. Risk of Proof-of-stake. The Ethereum become more centralized what diverges with the basic philosophy of cryptocurrency - decentralisation. This can have a negative impact on the price. But good if you want to buy ETH on spot cheaper.
4. Seprember is coming. If you track the stats of crypto in September you saw that it`s the worst month for Bulls but good for Bears.

📊 Summary
Friends, i choose not to BUY fairy expectations and trust only your strategy and trading tools. If DOM and Footprint show me that the whales are buying crypto and set their order walls, I`ll find the best entry point with short stop loss and best RR. This tools allow me to track the biggest and richest traders at crypto market.

Traders, was the idea useful to you? I hope you will now look for bullish signals on ETH charts and trading tools rather than on Vitalik)

💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.

P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.