ETH | A double bottom structrue.
4H candle chart analysis: ETH has formed a double bottom structure, and the retracement is confirmed. From a technical analysis standpoint, ETH is likely to see a rally of at least 6%. But we should note that ETH has come to the strong resistance line of $1,750 again. If you want to complete the double bottom rise, you need stronger support from the buyer.
Of course, otherwise forget about BTC. Still near the middle of the ascending channel, and $23,800 is currently a support level. There is ample room for growth.
BTCUSD
All is ready except for the opportunity. Maybe this rally lasts a little longer and we can usher in ETH back into the $1,800 territory.
If you like and support our analysis, please give us a like and leave your comment.😘
Good luck~☘
Of course, otherwise forget about BTC. Still near the middle of the ascending channel, and $23,800 is currently a support level. There is ample room for growth.
BTCUSDAll is ready except for the opportunity. Maybe this rally lasts a little longer and we can usher in ETH back into the $1,800 territory.
If you like and support our analysis, please give us a like and leave your comment.😘
Good luck~☘
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