ETH $3,322: The 3-Point FOMC Cheat
Sheet
The key takeaway is Ethereum $ETH is showing superior strength over #BTC ahead of the FOMC meeting. The chart signals a major "risk-on" altcoin bet.
Trader's Core Signal
The Breakout:
$ETH is holding firmly above all MAs (MA(200) at $3,084 is the floor). This is BULLISH confirmation.
The Target: We must see a 1H close
above $3,400. If that happens post-FOMC, the path to $3,600+ is open.
The Stop: Set your absolute stop-loss just under the MA(30) breakout level, around $3,190. A drop below this means the rally was a fake-out.
My Action: Short-term long position with tight risk management. #ETH is FOMC play if the Fed is dovish.
Will ETH lead the charge?
#BTCVSGOLD #BTCVSGOLD #WriteToEarnUpgrade #Minter $BTC
BTC
92,337.27
-1.53%
BNB
895.41
-2.43%
