Ethereum as indicator for most altcoins

255
Last time when ETHUSD broke the trend line on May 17th , the bullish altseason was over and investors who are holding this cryptocurrencies have had major losses. BTCUSD has continued it's downward trend as well. The red arrow indicates where ETH is right now, if it breaks current support there might be more pain ahead for alts.

Besides owning Ethereum I watch it as a canary in a coal mine.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.