ETH has followed on BTC hype today (see below my idea for that) and re-tested the resistance at $1.8k. Now we are correcting a bit as the market is still digesting how to process the fact that the richest man on Earth just purchased $1.5 billion in Bitcoin...
I expect the market to continue up as we are very bullish right now, both in terms of technicals as well as fundamentals. Any good news around BTC is good news for the entire market and if there is one altcoin that stands to gain from this, that is ETH.
ETH is bullish on daily and also on 4h timeframes. Once MACD crosses on the positive side on 4h I don't see us sitting at current levels for long, therefore I expect us to push to 2k fairly soon. Bias is very bullish as the entire market will go up in February before we can consolidate again like we did in January with BTC.
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I expect the market to continue up as we are very bullish right now, both in terms of technicals as well as fundamentals. Any good news around BTC is good news for the entire market and if there is one altcoin that stands to gain from this, that is ETH.
ETH is bullish on daily and also on 4h timeframes. Once MACD crosses on the positive side on 4h I don't see us sitting at current levels for long, therefore I expect us to push to 2k fairly soon. Bias is very bullish as the entire market will go up in February before we can consolidate again like we did in January with BTC.
Like and follow if you liked my idea! Also join my crypto community to stay in touch!
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