Its no secret that Bitcoin and Ethereum are the most well known cryptocurrency out there and are leading the way for other, newer cryptocurrencies. Bitcoin acts as an index for all cryptocoins - if Bitcoin goes up, all crypto goes up. If Bitcoin goes down, all crypto goes down.
We can use this to find the reversal zones for all the other cryptocurrencies.
From the chart you can see that Bitcoin and Ethereum have almost the same price behaviour. Both showing us that we're in an expanding correction and approaching a significant level which we can reverse from.
For Bitcoin - it is the 30k level we are watching.
For Ethereum - it is the 1700 level we are watching.
We can see that we have a little way to go until we reach the bottom. We can use this to see which other cryptocurrencies are near to the bottom and ready ourselves for the inevitable reversal.
See below for some of the other crypto that are near the bottom or are at the bottom.
CARDANO:
RIPPLE:
KADENA:
LITECOIN:
POLKADOT:
STELLAR:
TRON:
VECHAIN:
CHAINLINK:
Feel free to post your charts below!
We can use this to find the reversal zones for all the other cryptocurrencies.
From the chart you can see that Bitcoin and Ethereum have almost the same price behaviour. Both showing us that we're in an expanding correction and approaching a significant level which we can reverse from.
For Bitcoin - it is the 30k level we are watching.
For Ethereum - it is the 1700 level we are watching.
We can see that we have a little way to go until we reach the bottom. We can use this to see which other cryptocurrencies are near to the bottom and ready ourselves for the inevitable reversal.
See below for some of the other crypto that are near the bottom or are at the bottom.
CARDANO:
RIPPLE:
KADENA:
LITECOIN:
POLKADOT:
STELLAR:
TRON:
VECHAIN:
CHAINLINK:
Feel free to post your charts below!
