ETH Price is on Great Support Line - Important for Possible Mega Bearish Season

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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.

Ekran Resmi 20220530 01.07.26.png

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.

Ekran Resmi 20220530 01.10.37.png

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..

Ekran Resmi 20220530 01.12.03.png

ETH is important for altcoins trend. We will see if great support line save us...

Posted Using LeoFinance Beta



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