Here's a quick look at the daily ETH chart. As we can see, the price has been oscillating within the bigger symmetrical triangle. The price will likely break below the triangle with the current market sentiment.
There's an unfilled Fair Value Gap from 770$ to 870$. These gaps will likely get filled in this bear market since the DXY is expected to rally from its current level - when the DXY goes up, the BTC price will go down!
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
There's an unfilled Fair Value Gap from 770$ to 870$. These gaps will likely get filled in this bear market since the DXY is expected to rally from its current level - when the DXY goes up, the BTC price will go down!
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
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