ETH is at an important juncture visible through this dominance chart. You can see its dominance has broken through to the downside at a weak spot in the ichimoku cloud. It is also currently below the 77 Vwma with a mere 18 hours to go until this candle closes. The significance of this is that there hasn't been a close below it since July of 2020, right before its run to all time highs. So is this going to cause more downward pressure after the close or is it now the time to buy in anticipation of another bull run. Seemingly as alts rise or fall based on ETH price in the past, I believe the direction of the market, other than bitcoin, will be determined by price action of ether in the coming weeks.
Don't force a trade. Wait for your setup, be patient. Trade ideas are my own and not financial advice, I'm a monkey with a phone for crying out loud.
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Don't force a trade. Wait for your setup, be patient. Trade ideas are my own and not financial advice, I'm a monkey with a phone for crying out loud.
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。