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ETH Leading The Rally! Bitcoin About To Join. Buy?

Published: July 7, 2021|Last updated: July 7, 2021

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Ethereum price prediction from a previous analysis Week In Review: End Of Ranging Market! BTC, ETH, ADA Breaking out

The ETH price is rallying as predicted after breaking through the flag pattern we analyzed in our previous Week In Review: End Of Ranging Market! BTC, ETH, ADA Breaking out

This breakout in Ethereum price puts the Altcoin in the leading position for the potential rally about to occur across the crypto market!

ETH Leading The Rally! Bitcoin About To Join. Buy?

Ethereum bullish prediction playing out on the 4-hour timeframe

In this analysis, we will be talking about this breakout, the key levels to watch for as well as the massive move about to occur in Bitcoin! Is it time to buy?

ETH Leading The Rally! Bitcoin About To Join. Buy?

Warning: Bitcoin getting ready for a massive move in the next 24hrs!

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Ethereum Break and Retest!

Ethereum is building up bullish momentum after a price break and a retest of the flag pattern on the 4-hour timeframe confirmed our bullish bias on the Altcoin.

Key levels to watch for bullish support on the Ethereum 4-hour timeframe

This break and retest also give us a price key level to watch for buyers to hold. A break of this new support signifies that ETH might still be very weak, putting an end to this potential bull rally.

However, if the bulls hold this new support, there is a very high probability that we might see Ethereum continue to move higher in the coming days.

ETH Leading The Rally! Bitcoin About To Join. Buy?

Ethereum bullish prediction! Is it time to buy Ethereum?

Bitcoin Could Be The Key!

Bitcoin getting ready to break out of the converging triangle pattern playing out on the 4-hour timeframe

While Ethereum is already rallying, Bitcoin is yet to break out! But it will likely do so in the next 24 hours! This breakout is very important because it would have a ripple effect on the whole crypto market.

How Big of a Ripple Can We Expect?

Well, if Bitcoin breaks to the upside, we can expect to see all Altcoins rally higher with it in the coming days.

Some might rally faster than Bitcoin while others might lag behind but one thing is certain, everything will move higher in the crypto market. That is why this Bitcoin breakout is so important!

ETH Leading The Rally! Bitcoin About To Join. Buy?

ETH Leading The Rally! Bitcoin About To Join. Watch this converging triangle pattern building upon the 4-hour timeframe! Buy?

For a full breakdown of the key levels, and targets we are watching on Bitcoin check out our previous analysis Bitcoin Pattern Update. Massive Rally Coming!

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The content provided in this article is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Any actions you take based on the information provided are solely at your own risk. We are not responsible for any financial losses, damages, or consequences resulting from your use of this content. Always conduct your own research and consult a qualified financial advisor before making any investment decisions. Read more

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