BINANCE:ETHUSDT   Ethereum / TetherUS
ETH/USDT Binance

1D hollow candlesticks

As the bear market is over, we can say a few things for the price movement of altcoins.

A descending triangle has been formed, as the price already breakout this triangle.
Also, a parallel uptrend channel has been formed since the beginning of June 2022.

A first resistance area occurred from the extension of the first Fibonacci retracement .

A second main resistance area is a result of the extension of a second Fibonacci retracement .

A forecast indicator shows a possible price movement for the next months.

Ethereum Price (ETH) = $1,600.92 +2.85%
= 0.06945 BTC +1.25%

Market Cap: $1,048,131,057,077
24h Vol: $65,909,497,233

Dominance: BTC: 42.4%
ETH: 18.7%

Good Luck
#CryptoHellas Team


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