【Market Analysis on June 23】
If Ethereum will not break through this support level , it may rise to $4,000‼ Bitcoin may moves back to $74,000‼
【Today's morning analysis 】
The first support below ETH is 3386 - 3456.
If this support cannot be broken on Wednesday, then there will be a round of surge‼ Once it is broken, the whole market will be over.
The first support level of ETH is equivalent to BTC’s support level of 63,400 - 62,500. If BTC fails to break through this support before Wednesday, there will be a surge too. This support level of BTC is an approximate data converted from Ethereum. Currently, I am analysing and investing in Ethereum, so the data on Ethereum will be more accurate. Since some fans want to know more the market analysis of BTC and the data on Bitcoin is converted from ETH, Bitcoin may fluctuate more and its data have a little deviation.
Why is there a surge if this support of 3386 -3456 is not be broken? The previous article has refered to that Ethereum has fallen back to the previous intensive buying zone for a surge , and there are obvious signs that ETH slightly broke through the previous low to sweep away the longs and stop losses for long orders, so this support level is a key zone. If ETH does not fall below this support, then the bottom line of the rising channel pattern will be formed, and then it will be a wave of structural upward trend.#BinanceTournament #MegadropLista #CryptoTradingPrediction