Ethereum. are we on the way of a new rally for eth and alts?
Always zooming out makes a clear view of where we are at. We did not broke the historical resistence and also, we still didn´t broke the MA200 on daily tf. As always i all depends on what bitcoin will do, in case of bitcoin, it did broke the MA200, yet if you look at the historical chart, it also did the same on 2015 and it was a bull trap. We, as traders, have to wait and see what the price action show to us. Following days are crucial to see where we are at.
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