Probably see a correction Altcoins. short uptrend not a big move

19 thg 9, 2023

We will probably see a correction in the Altcoins. Only a short uptrend, not a big move!

As you can see on the chart

• The ETHBTC ETH/BTC price has been in a down trend for months
  
• But now we see that it is approaching the support zone
  
• Previously, this zone was able to push the price strongly to the upside
  
• If the zone of (0.05795 to 0.05957) is broken, the price will go down to zone #2
  

1. For now, we expect the price to go up to the trendline #1
   
2. Then, if money pumps into the market, it may go up to the resistance zone of 0.06921 to 0.07087.
   

What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands

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25 thg 9, 2023

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