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Kartik_Elkunchwar
Jan 5, 2024 6:16 AM

ETH DOMINANCE  Long

Market Cap ETH Dominance, %CRYPTOCAP

Description

ETH Dominance is at weekly & daily support following the descending trendline.
If it breaks the trendline and sustain above it we might se a BULL RUN in ETH soon.

Comment

ETH Dominance has successfully broke the descending trendline .
Now it might take small pullback. If it sustains above trendline till monday it will increase the chance of next rally in ETH.
STAY TUNED.

Comment

There is a resistance at 2320 at 1 hour timeframe in ETH, it could be a good level for 1st entry [if price sustains above it].
Although major resistance is at 2400 if price breakout and sustains we will see ETH at 3400-3600
NOTE- be careful around ETF news market might even DUMP !
Comments
Bravetotrade
Congratulations and well done for sharing your first idea with the community.
Hope you will be having great experience.
Thanks for your contribution.
From mod @Bravetotrade
Kartik_Elkunchwar
@Bravetotrade,My pleasure
CScalp_EN
Similar thoughts. Thank you
Kartik_Elkunchwar
@CScalp_EN, My pleasure
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