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zoopzoopboopboop
Apr 20, 2021 8:10 AM

ETH setting altcoin trend for the week  

Ethereum / TetherUSBinance

Description

To start longing the bull market again ETH needs to break out of the red line downtrends. Best case for long would be a clean bounce off the first green line into a 4h close through the first red trendline.

If the first purple support breaks I'd expect a drop down to the second purple support line with a few wicks testing the bottom green line. A break out of the green trend structure would mean a strong downtrend for the coming week.

Whatever ETH does will set the trend for most altcoins for the coming week.


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