ETH Price is on Great Support Line - Important for Possible Mega Bearish Season
ETH Price is on great support line where is close to 1700 USD. ETH price shouldnt break down this line for altcoin market. If it breaks down, dominance will go up and we will enter mega bearish season.
I said we may enter mega bearish season. ETH is on bearish season. Here you can see logarithmic chart of ETH. It broke down great support line in December 2021 which coming from Covid Crash.
ETH/BTC pair chart seems very bearish. It broke down the middle of channel.. This is major fear for me for crypto market. Dominance may go up. I hope BTC will go up and after altcoin may follow BTC..
ETH is important for altcoins trend. We will see if great support line save us...
Posted Using LeoFinance Beta
0
0
0.000
Congratulations @chorock! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP
Check out the last post from @hivebuzz: