Ethereum Analyze(⬆️Up⬆️ or ⬇️Down⬇️)❗️❓

In order to know what situation Ethereum can have in the coming days, I recommend you follow this post and analysis.

Ethereum has reached its heavy resistance zone in the daily time frame, while it has hit the important downtrend lines and SMA 200 (Daily TF) at the same time, and if you look closely at the chart, you will notice that the last time this happened, Ethereum experienced a sharp drop.

Since there is a possibility that Bitcoin will fall in the coming days, Ethereum cannot escape from this fall either. (Read the post below to learn more about Bitcoin analysis👇)


Now let's see if Bitcoin will fall, Ethereum will experience more fall or not❗️❓

🔆To answer the above question, better refer to the ETHBTC chart.👇


As you can see, ETH/BTC is close to the resistance zone and based on the Elliott wave theory, ETH/BTC is expected to be bearish for at least a month.

As a result, if Bitcoin falls, Ethereum will experience a greater fall, and if the cryptocurrency market rises, Ethereum will see a smaller share of the market growth.

❗️Note❗️: if Ethereum goes up over $1440, Ethereum can 🚀pump🚀 at least to $1680 or maybe more.

Ethereum Analyze ( ETHUSDT ) Daily Timeframe ⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.

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