We look at Ethereum (ETH) and Bitcoin (BTC) as sisters/brothers... Better yet, siblings, they tend to follow each other like twins.
Ethereum (ETHUSD) is also due for a bounce just like Bitcoin but I am seeing a lack of strength (low volume), but keep in mind that things can always change, FAST!
With Bitcoin, we saw strong buying when we had the long-wick down as prices drop... Maybe we will have a final "shake out" and then we will see prices move up.
After the bounce, we get long-term consolidation, followed by capitulation and then we can have additional growth.
It is a long process...
Put your focus on the altcoins right now for better results.
What's your take?
Leave us a comment.
Thanks a lot for your support.
Namaste.
Ethereum (ETHUSD) is also due for a bounce just like Bitcoin but I am seeing a lack of strength (low volume), but keep in mind that things can always change, FAST!
With Bitcoin, we saw strong buying when we had the long-wick down as prices drop... Maybe we will have a final "shake out" and then we will see prices move up.
After the bounce, we get long-term consolidation, followed by capitulation and then we can have additional growth.
It is a long process...
Put your focus on the altcoins right now for better results.
What's your take?
Leave us a comment.
Thanks a lot for your support.
Namaste.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click now & get FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click now & get FREE Pizza! 🍕)
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.