Ethereum (ETH). If you want to understand where altcoins will move, keep an eye on Etherium. Etherium is the top 1 altcoin and smaller altcoins depend on its movements!

We can see on the chart a false breakout of the $3,273 mirror level and now price testing level as SUPPORT! It is very important now to consolidate ABOVE this mirror level. This means that the buyer is still strong and we just see a local correction!

To take a long position wait for squeezing under trendline, liquidity collection and volume growth – an indicator of a BIG player!!

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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.