ETH has seen double bottom in the last few weeks with a decent volume.
Buy Zone 1: It is one of the area ETH might reverse
Buy Zone 2: This price range was a reverse point before. It is more likely to be the better buy zone.
Overall, see the chart, study, and make a decent decision.
Few things that would make it possible for the MITHBTC to break out:
- Support curve line is going to its end (it's almost flat)
- All time resistant line is touched and ready to pass over
- Highest Daily volume observed
- New trend line is Bull
2h chart and breaking resistant line after creating a Triple Bottom.
In the next 5 days following with BTC recovery, Altcoins might get a chance to initiate their bull run.
CELR has already created the path!
Most likely the trend is going above the broken resistant line, but if it goes back under, the hope gets faded.