Ethereum & Bitcoin Cash Analysis 06.02.22-Right perspective

The posts on this page are not investment advice .I am not a financial advisor. Just sharing my thoughts.

Hello everyone!

My motto is Keep things simple.

Follow the Trendlines, not the Headlines.

I will try to show you what I see.We will look at many altcoin analyzes.

Today,

Let's start with Ethereum and Bitcoin Cash.

When we examine the 4-hour chart,we see that we are in the resistance zone right now.We are at the intersection of the blue line from above and the red horizontal resistance zone.If we don't get past this soon, the first place we'll go is the 2800 support zone.
If we cross the region we are currently in(3000), I expect the horizontal purple region (going to where the previous drop started).If we pass there, the strong 3400 resistance will be waiting for us.Let's watch and see :)



Next is Bitcoin Cash

We examine the bitcoin cash 4-hour chart.Gördüğünüz gibi 300 direnç bölgesini güzel bir şekilde kırmayı başardık.300 now our support zone.(S/R flip :) )
we have now managed to break above the blue striped resistance from above, unless we go back into the blue from here the price will want to push itself up.We can get a response from here.
You can see that, they tried to keep the price at the previous 345 point, but they did not allow it and managed to bring the price much lower, this time we must come strong and manage to break it. Let's watch and see :)


Btw I'm thinking of increasing the analysis of altcoins day by day.

Those were my market comments today, thank you for reading.

See you again soon. I will be here after this.
Respects.