🔴 Ethereum acquisition:
Test the important resistance at 18.7 to 18.8, and if the (condition) breaks this area and trades above it, we will witness a good rise in Ethereum and a recovery in alternative currencies.
🔴 Ethereum vs. Bitcoin:
It failed to clearly break the downtrend resistance, but the MACD and RSI indicators show strength and positivity on Ethereum against Bitcoin (we wait for re-evaluation)
🔴 Market value chart for digital currencies except for Litecoin TOTAL2:
It is moving within the horizontal channel that it has been following for some time, and the index fell to test the price channel support at $971.622 billion and then went back up again, which indicates that the temporary negativity is nearing its end for this indicator.
This post is from an old friend and analyst in the market. He sent it to me and I wanted to share it with you
From my point of view, it is still exactly as we talked about, Bitcoin to 636,500 or 63,800, Ethereum to 3150 to 3250, and alternative currencies, as you said, are returning the resistances to their bottoms, and as we have observed, almost all currencies are returning the resistances that were before their bottoms. The best way is to enter multiple areas. As I always warned you, do not enter completely. Your capital. Do you know why? For this reason, yesterday’s prices were astronomical, but do not worry about the possibility of returning them and confirming them. Do not enter green for people who did not buy yesterday. When going down, wait for a correction to the rise that occurred.