ETH/BTC has just reached strong resistance level in 0.031 area, which is very strong incentive to go long to 0.035 level.
According to Mati Greenspan, a Senior Market Analyst at eToro explained that Bitcoin dominance is falling and that altseason is “upon us.” Bitcoin’s market dominance is falling in the past days as we can see in the chart.
In just three months, several altcoins were able to register impressive growth. The gains show that there was an interest to move away from Bitcoin to other altcoins.
And as Bitcoin traded sideways, participants in the market had confidence in the altcoin market.
Therefore, it is a great chance to jump into altcoins train and go along with ETH.
Risk/Reward ratio - 4.81%
Stop Loss - 0.031 or below 0.031 (depends on your tolerable risk level)
Take Profit - 0.035
Trade wisely and best of luck!
According to Mati Greenspan, a Senior Market Analyst at eToro explained that Bitcoin dominance is falling and that altseason is “upon us.” Bitcoin’s market dominance is falling in the past days as we can see in the chart.
In just three months, several altcoins were able to register impressive growth. The gains show that there was an interest to move away from Bitcoin to other altcoins.
And as Bitcoin traded sideways, participants in the market had confidence in the altcoin market.
Therefore, it is a great chance to jump into altcoins train and go along with ETH.
Risk/Reward ratio - 4.81%
Stop Loss - 0.031 or below 0.031 (depends on your tolerable risk level)
Take Profit - 0.035
Trade wisely and best of luck!
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。