#ETH is back inside the legendary 1,883-day trendline, a massive bullish signal for altcoins.
Meanwhile, BTC Dominance is getting rejected from the top, adding fuel to the altcoin momentum.
But there's one key confirmation still needed before we talk about new ATHs for ETH, BTC, and the broader altcoin market:
The 200-Week EMA.
Currently sitting around $2,237, this level needs to be claimed with a strong weekly close. ETH is trading above it right now, but the next 2 days and 4 hours are crucial.
A confirmed breakout here would signal a major shift in ETH's 200-week momentum a structural change that could trigger the next big leg up.
I believe it’s only a matter of time before ETH closes above this level. Once that happens, the next target for
ETH would be $2980, $3488 and $4000!
What do you think?
Drop your thoughts in the comments and hit the like button if you found this valuable.
#PEACE ✌️
Meanwhile, BTC Dominance is getting rejected from the top, adding fuel to the altcoin momentum.
But there's one key confirmation still needed before we talk about new ATHs for ETH, BTC, and the broader altcoin market:
The 200-Week EMA.
Currently sitting around $2,237, this level needs to be claimed with a strong weekly close. ETH is trading above it right now, but the next 2 days and 4 hours are crucial.
A confirmed breakout here would signal a major shift in ETH's 200-week momentum a structural change that could trigger the next big leg up.
I believe it’s only a matter of time before ETH closes above this level. Once that happens, the next target for
ETH would be $2980, $3488 and $4000!What do you think?
Drop your thoughts in the comments and hit the like button if you found this valuable.
#PEACE ✌️
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Daily Signals:- telegram.me/thecryptorphic
Best Exchange BITUNIX: bit.ly/JoinCryptorphic
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Best Exchange BITUNIX: bit.ly/JoinCryptorphic
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
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.