Usually Bitcoin is the one chart to look at and try and figure out what the market can do next.
At this very moment though, with Ethereum volumes exceeding Bitcoin and all, eyes on the merge, Ethereum chart is KEY.
Price has been struggling at the 1905 Resistance and it is lower, close, at 1880 level.
Support and structure just a bit lower at 1845-1850$ where the previous Ascending Channel offers structured support.
It will most likely be tested again. I say again because what you see as 'Test 1' was once checked and honored as support.
A second test and most likely a Third and crucial test will dicatet what happens to ALTS next.
Professor's analysis says 70% Bullish and eventually over 1905 and off to 2080.
One Love,
The FXPROFESSOR
At this very moment though, with Ethereum volumes exceeding Bitcoin and all, eyes on the merge, Ethereum chart is KEY.
Price has been struggling at the 1905 Resistance and it is lower, close, at 1880 level.
Support and structure just a bit lower at 1845-1850$ where the previous Ascending Channel offers structured support.
It will most likely be tested again. I say again because what you see as 'Test 1' was once checked and honored as support.
A second test and most likely a Third and crucial test will dicatet what happens to ALTS next.
Professor's analysis says 70% Bullish and eventually over 1905 and off to 2080.
One Love,
The FXPROFESSOR
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