ETH💲
To be honest, what I see on the ETH chart is not as interesting as BTC, when Bitcoin is currently pumping/bullish, ETH hasn't even reached its upper price range, currently its upper price range is around **$1,751**. still around 7% adrift in the spot market. This means that ETH is not bullish enough and doesn't look oversold yet, where we can do a short trade at that moment like we can do in the bitcoin market.
Currently, Ethereum still has a supply area that it has not yet managed to reach, meaning that the potential for price increases in this supply area is still quite large. If we look at ETH's liquidity, the most is currently in the **$1,900** price area. Please look at the chart I attached.
🔥 So what is the strategy, in contrast to BTC, in our ETH trade setup it is best to target long / buy positions. where if we combine it with BTC.D analysis and also liquidity indicators, Altcoins will rise after the flow of funds from BTC. So, the scenario is, BTC will go down or Sidewa and Altcin will go up. Specifically for ETH, the increase target is __around $1,900__.
#Ethereum #BTC #crypto2023 #cryptonews #cryptocurrency
To be honest, what I see on the ETH chart is not as interesting as BTC, when Bitcoin is currently pumping/bullish, ETH hasn't even reached its upper price range, currently its upper price range is around **$1,751**. still around 7% adrift in the spot market. This means that ETH is not bullish enough and doesn't look oversold yet, where we can do a short trade at that moment like we can do in the bitcoin market.
Currently, Ethereum still has a supply area that it has not yet managed to reach, meaning that the potential for price increases in this supply area is still quite large. If we look at ETH's liquidity, the most is currently in the **$1,900** price area. Please look at the chart I attached.
🔥 So what is the strategy, in contrast to BTC, in our ETH trade setup it is best to target long / buy positions. where if we combine it with BTC.D analysis and also liquidity indicators, Altcoins will rise after the flow of funds from BTC. So, the scenario is, BTC will go down or Sidewa and Altcin will go up. Specifically for ETH, the increase target is __around $1,900__.
#Ethereum #BTC #crypto2023 #cryptonews #cryptocurrency
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ETH
3 091,32
-3.56%
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