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Ethereum Analysis
Like i said on the last ETH analysis he did not break EMA500 and is now trying to do a pullback, But bitcoin on the other hand did break EMA500 (40k) although he is trying to recover he still did not test that resistence when that happen if btc rejects 40k ETH will reject the pullback too.
AVAX Analysis
Avax break below EMA200 but hold on the 60$ support and is now trying to break above EMA200 if that happens it could go to 80 dollar to test the EMA99 resistence.
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Supertrend Indicator Daily and Weekly
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ETH | Weekly chart | Down Trend |
| Daily chart | Down Trend |
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MKR | Weekly chart | Down Trend |
| Daily chart | Down Trend |
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AVAX | Weekly chart | UP Trend |
| Daily chart | Down Trend |
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RSI Indicator (Daily)
Ethereum
Maker
Avalanche
Suports and resistences
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ETH | Suport -> 2400$ and 1800$
| Resistence -> From 2700$ and 3000$
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MKR | Suport -> 2000$ and 1750$
| Resistence -> 2200$
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AVAX | Suport -> 55$ to 60$ and 40$
| Resistence -> 73$ and 83$
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Average Volume (in the last 7 days)
Altcoins are going up slowly with lower volumes while btc is going up even slower, in this case i'm thinking somekind of trap is gonna happen i would like to see a bear trap but since we are in a bear market a bull trap would make sense.
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ETH | 700K->600K Lower.
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MKR | 4.7K->2.4K Lower.
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AVAX | 3.2M->2.2M Lower.
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