ETH long-term Uptrend, Dec 6
ETH price is at the bottom of long-term uptrend channel (Ascending trend line)
21.6% of crypto market cap value belongs to Ethereum (ETH Dominance)
In best case scenario this is the bottom but if it breaks the trend line, it will be a bearish sign for whole market and also a sign of more correction
When it breaks the channel, ABC flat correction is my scenario.(In that case wave C will begin)
It's just a matter of time
21.6% of crypto market cap value belongs to Ethereum (ETH Dominance)
In best case scenario this is the bottom but if it breaks the trend line, it will be a bearish sign for whole market and also a sign of more correction
When it breaks the channel, ABC flat correction is my scenario.(In that case wave C will begin)
It's just a matter of time
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Related publications
Disclaimer
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.