Ethereum / TetherUS
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Possibilities/5

92
NOT Financial advice!

. Be patient and decide your trade setup once resistance is claimed as support or support breaks from significant levels.

. Be cautious with possible traps/fake-outs, look for candle close in important areas on higher timeframes.
Nota
If 1460 are can't be hold as support, then this idea would be invalidated.

Most higly probable scenario is: 1460 can't be flipped as support -> 1280 cme gap fills -> retest of 1430-1480 -> fail to hold and downwards towards 450-550 are.

Argumentation:
. Weekly looks bad, CPI data today, more word about a recession is growing and spreading, FOMC meeting end september(wich would be about the time that eth is at 1430-1480 area), wikipedia changing the definition of 'recession' more then 15 times in a span of couple days...

Penafian

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