Ok, #Bitcoin #BTC #BTCUSD and #Ethereum #ETH #ETHUSD have a 50% #Priceretracement! So now what? #BTCUSD pulls back in price from approx. $64K to approx. $30K (Support) and now the rally back up to $38,8K. So $30K is Support for #Bitcoin #BTCUSD?
Ethereum does the same price-action $4,349ish (Resistance) and then the 50% #Priceretracement down to $1,912ish (Support) and the the rally back up to $2,548ish.
Survey Question: "Is this a #BearMarketrally"?
Many of the other Altcoins are up 50% today...#Uniswap #UNIUSD >Greater than 50% Rally back up...is this a Bear Market rally? Time will tell.
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- Published: 24 May 2021 24 May 2021
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