Market finally bounced after Bitcoin recovery toward 23k. This move caused accumulated altcoins bounce harder and outperform bitcoin in recent days. ETH as a leader to altcoins successfully broke out of consolidating channel with decent volume and by reclaiming MA200 paved the way for other altcoins to recover. with current market condition i believe we will see altcoins to gain more than bitcoin it self and Ethereum can move up to supply zone of 1900$. 1700$ will be a key resistance to break.
i will take below trade based on my analysis. please DYOR before entering any position.
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