ETH/USDT Binance
1D hollow candlesticks
As the bear market is over, we can say a few things for the price movement of altcoins.
A descending triangle has been formed, as the price already breakout this triangle.
Also, a parallel uptrend channel has been formed since the beginning of June 2022.
A first resistance area occurred from the extension of the first Fibonacci retracement.
A second main resistance area is a result of the extension of a second Fibonacci retracement.
A forecast indicator shows a possible price movement for the next months.
Ethereum Price (ETH) = $1,600.92 +2.85%
= 0.06945 BTC +1.25%
Market Cap: $1,048,131,057,077
24h Vol: $65,909,497,233
Dominance: BTC: 42.4%
ETH: 18.7%
Good Luck
#CryptoHellas Team
1D hollow candlesticks
As the bear market is over, we can say a few things for the price movement of altcoins.
A descending triangle has been formed, as the price already breakout this triangle.
Also, a parallel uptrend channel has been formed since the beginning of June 2022.
A first resistance area occurred from the extension of the first Fibonacci retracement.
A second main resistance area is a result of the extension of a second Fibonacci retracement.
A forecast indicator shows a possible price movement for the next months.
Ethereum Price (ETH) = $1,600.92 +2.85%
= 0.06945 BTC +1.25%
Market Cap: $1,048,131,057,077
24h Vol: $65,909,497,233
Dominance: BTC: 42.4%
ETH: 18.7%
Good Luck
#CryptoHellas Team