BTC and BNB have reached new highs, while Ether has not; currently, BTC's position should support Ether in reaching new highs. As a result, this happened in less than 2 hours; it is simply identical, in fact, there is logic behind this that resonates with financial and political factors. Trading stocks is not about guessing numbers; it is much more important to understand the logic of support and resistance.
But it must be reminded: levels are just a guideline, there is always uncertainty in the market. When trading stocks, one should not only look at the numbers, the main thing is proper risk management.
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Superurk
· 08-11 06:56
"it wouldn't be strange if Ethereum skyrockets to 8,000 dollars"
BTC and BNB have reached new highs, while Ether has not; currently, BTC's position should support Ether in reaching new highs. As a result, this happened in less than 2 hours; it is simply identical, in fact, there is logic behind this that resonates with financial and political factors. Trading stocks is not about guessing numbers; it is much more important to understand the logic of support and resistance.
But it must be reminded: levels are just a guideline, there is always uncertainty in the market. When trading stocks, one should not only look at the numbers, the main thing is proper risk management.