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$ETH - price analysis request: [BART SIMPSON PATTERN]🚨 The price looks bullish, but honestly, regarding the current resistance , pattern & overbuy zone, there is a good chance to see a big rejection soon📉 Strangely enough, it looks similar as my $ENS analyses! My configuration won't please! I think it's a bull trap with the formation of a BART simpson pattern! 🚨 The daily is also showing a potentiel bearish retest! 📉 That doesn't mean I'm not bullish, but I think the price needs to retest the $3,400 - $3,500 support before to seeanother big move! Important levels are in the chart 🎯 Don't marry your bag with high leverage, I've seen this happen many time! #DYOR #trading #ETH #Crypto_Jobs🎯 #ENS/USDT {future}(ETHUSDT)

$ETH - price analysis request: [BART SIMPSON PATTERN]🚨

The price looks bullish, but honestly, regarding the current resistance , pattern & overbuy zone, there is a good chance to see a big rejection soon📉

Strangely enough, it looks similar as my $ENS analyses!

My configuration won't please!

I think it's a bull trap with the formation of a BART simpson pattern! 🚨

The daily is also showing a potentiel bearish retest! 📉

That doesn't mean I'm not bullish, but I think the price needs to retest the $3,400 - $3,500 support before to seeanother big move!

Important levels are in the chart 🎯

Don't marry your bag with high leverage, I've seen this happen many time! #DYOR

#trading #ETH #Crypto_Jobs🎯 #ENS/USDT

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Weekly market outlooks : 📅 🔹Retail Sales (Tue) 🔹Bank Holiday (Wed.) 🔹Unemployment Claims (Thu.) 🔹Flash PMI (Fri.) - The Standard & Poor's 500 index rose 1.6% this week, reaching new highs, led by the technology sector. The market benchmark closed Friday's session at 5,431.60, slightly below its record closing level of 5,433.74 reached on Thursday - The Wall Street axiom warns to “never fight the Fed.” But that’s exactly what traders are doing, and it could spark a rally in some of the forgotten corners of the stock market. - The Federal Reserve's forecasts and comments from central bankers have made it abundantly clear: investors are being warned that interest rates will remain elevated for longer than anticipated. According to the median projection from Fed officials, only one interest rate cut is expected this year. - Historically, rate cuts have marked a key inflection point that has ushered in strong equity returns — but only for cycles that aren’t triggered by a recession, like this one. - Fund managers are also boosting exposure to tech stocks. The Nasdaq 100 Index has gained 17% in 2024. Shares of the seven biggest companies in the S&P 500 are priced at an average of 36 times projected profits, compared with a multiple of 22 for the benchmark, according to data compiled by Bloomberg. - Some $180 million of leveraged derivatives positions were liquidated across all crypto assets during the shake-out. What looked like prime time for crypto assets on softening inflation data has turned into an ugly week with bitcoin (BTC) tumbling to its weakest price in four weeks on Friday. #Crypto_Jobs🎯 #StockMarketSuccess #BTCFOMCWatch #BTC☀ #altcoins
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