ETH / USDT
Since 1 year and half , ETH is trading around 1700$ area Up and Down
Why i call it the most important key level
Look at chart, the violet color rectangle
Every time price touch this area it either an indicator for shift of trend to real bullmarket (2 times 182% in AVG) or bear which happened once ETH brokedown 1700$ in last June . as a result price dumped by 50%
Today we test this area again
The price action will indicate the long run either this a real local bottom for altcoins or we still need more crashes !
My vote is for bulls, august is likely a green month
Whats your vote ? Bulls or bears
Don’t forget to like this idea for more analysis and signals
best wishes
Since 1 year and half , ETH is trading around 1700$ area Up and Down
Why i call it the most important key level
Look at chart, the violet color rectangle
Every time price touch this area it either an indicator for shift of trend to real bullmarket (2 times 182% in AVG) or bear which happened once ETH brokedown 1700$ in last June . as a result price dumped by 50%
Today we test this area again
The price action will indicate the long run either this a real local bottom for altcoins or we still need more crashes !
My vote is for bulls, august is likely a green month
Whats your vote ? Bulls or bears
Don’t forget to like this idea for more analysis and signals
best wishes
