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| 2 | https://www.instagram.com/mrkenbitcoin1?igsh=MXhlMzdkdWQ1cTdqaQ%3D%3D&utm_source=qr
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| 19 | guys so basically as you can see you’re able to see a lot of volatility in bitcoin and also ethereum and ripple and also solana as well
but as i said i’m focusing on ethereum and ripple over here
you want to be focusing on altcoins more than bitcoin yeah?
you’re able to see bitcoin dominance at 64 65 percent
this is crazy basically
and yeah ethereum especially took out the important monthly and weekly support zone approximately at the 1400 dollar area
if they were to be taking out liquidity at these levels for example on the monthly and weekly time frames this is a very important level up because it’s a monthly
monthly monthly candlesticks are only composed 12 times a month
you need to be obviously you know this yeah?
so it means that it’s more scarce scarce than the other time frames
then the weekly and then the daily yeah
the higher the time frame has a bigger value in terms of looking at in terms of technical analysis
this is what you want to be focusing in terms of trading especially
so ethereum has a possibility that it has bottomed out over here
and obviously the plans could change yeah?
you never know what kind of fundamental news will be coming out
and yeah you never know yeah | 497 |
| 20 | Hehe | 392 |
