We are aware that the cryptocurrency market is all correlated and all the cryptos tend to move together, specially the Tether (USDT) pairs.
Whenever Bitcoin goes bullish the altcoins USDT pairs also go bullish.
If Bitcoin crashes so does the altcoins.
This chart is for Ethereum Classic vs Tether (ETCUSDT), just notice todays candle.
It has really high volume, full green, trading above EMA50 and going straight up.
The ETCUSDT chart is also identical to Bitcoin and Ethereum in that the initial low was set 12-May followed by a lower low on 18-June.
A little tip on how to spot a bottom.
When a correction/bear market is taken place, prices dropping, volume tends to stay flat until a panic force comes in and volume grows strong on the first drop (12-May).
On the second drop which is a lower low (18-June) the volume becomes lower than the first one, this signals that the bottom is in (bear momentum loses strength).
Back to ETCUSDT, it is moving strong now while Bitcoin and Ethereum consolidate.
My theory is that Ethereum Classic won't move alone...
It only grows if the king grows.
In that case, Bitcoin and Ethereum are very likely to follow...
That's just my view of course.
But I will be here tracking the charts to see how it goes.
Namaste.
Whenever Bitcoin goes bullish the altcoins USDT pairs also go bullish.
If Bitcoin crashes so does the altcoins.
This chart is for Ethereum Classic vs Tether (ETCUSDT), just notice todays candle.
It has really high volume, full green, trading above EMA50 and going straight up.
The ETCUSDT chart is also identical to Bitcoin and Ethereum in that the initial low was set 12-May followed by a lower low on 18-June.
A little tip on how to spot a bottom.
When a correction/bear market is taken place, prices dropping, volume tends to stay flat until a panic force comes in and volume grows strong on the first drop (12-May).
On the second drop which is a lower low (18-June) the volume becomes lower than the first one, this signals that the bottom is in (bear momentum loses strength).
Back to ETCUSDT, it is moving strong now while Bitcoin and Ethereum consolidate.
My theory is that Ethereum Classic won't move alone...
It only grows if the king grows.
In that case, Bitcoin and Ethereum are very likely to follow...
That's just my view of course.
But I will be here tracking the charts to see how it goes.
Namaste.
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
🔥 Get the FULL (4-in-1) PREMIUM PACKAGE 👇
t.me/lamatrades/4 (Since 2017)
✅ FREE PREMIUM trade-numbers (4-10X) 👇
t.me/masteranandatrades/9043
🚨 TOP Results May 2026 👇
t.me/masteranandatrades/8778
t.me/lamatrades/4 (Since 2017)
✅ FREE PREMIUM trade-numbers (4-10X) 👇
t.me/masteranandatrades/9043
🚨 TOP Results May 2026 👇
t.me/masteranandatrades/8778
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.