And this chart compares #ETHEREUM strength relative to #BITCOIN. 💱
Looking at this chart, we CAN see that #ETH to #BTC chart has reached a strong monthly support area. This could mean that soon, #crypto investments could float more into Ethereum as more buyers will see the weakness in the market as an opportunity to buy #alts.
So pay attention to this zone as this could be the area where alts may hit the bottom.
Looking at this chart, we CAN see that #ETH to #BTC chart has reached a strong monthly support area. This could mean that soon, #crypto investments could float more into Ethereum as more buyers will see the weakness in the market as an opportunity to buy #alts.
So pay attention to this zone as this could be the area where alts may hit the bottom.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.