ETH/BTC Analyze!!!

21 Ağu 2022

ETH/BTC was able to pass the main wave 4 in the heavy support zone, and for now, it is running in main wave 5 while breaking the trend line.

I showed you the end of the main wave 5 (zone).

I expect that microwave 4 of the main wave 5 can finish near the trend line, and then ETH/BTC goes up to my target zone.

What can we conclude from ETH/BTC chart ❗️❓

🔆If the cryptocurrency market continues to fall, it is likely that Ethereum and tokens on the Ethereum network will be able to escape from terrible falls for the next 2 months, this does not mean that they will not fall, but the percentage of falls will be lower.

🔆If the cryptocurrency market starts to grow, Ethereum and Ethereum network tokens can give us more profit for the next 2 months.

🔆If you want to invest in the cryptocurrency market and you don't know whether to invest in bitcoin or Ethereum, I suggest you invest in Ethereum, of course, I think it's still a bearish market, and you can wait about entering the market.

ETH/BTC Analyze, Timeframe Daily⏰(Log Scale)

🟢Support Zone: 0.058BTC until 0.0488BTC

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.

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