Is good to have like minded cool friends and Cryptonite Clark is exactly that to me.
''Professor, Just reading about Ethereum's next merge, EIP-4844, that's happening later in the year. The main beneficiaries are Layer 2s (coingecko.com/en/categories/layer-2), as it will reduce the cost of rollups, which they rely on. There's likely to be a "Layer 2 narrative" leading up to it, and ETH will probably recover lost ground against BTC. ARB and OP are top picks.''
I did my research and he is absolutely right. Then again I do prefer OP vs ARB so here we go with an updated OP chart:
Price is behaving nicely and a breakout over 1.60$ is my expectation for next.
From there it's destination 2.33 which offers a nice trade with excellent R/R since risk (SL) is over 1.3 and reward (TP) lies alomost 4 times higher.
Then again there is the ALTs possibility for Bullish scenario which can get the price to 4.44$:
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.