BTC: BTC has reached the range of 105 - 106k which is also the upper edge of the rising wedge. Along with the data and indicators signaling a reversal, I expect that this week BTC will move towards the nearest zone of 89 - 90k - retrace and prepare for the next steps to move deeper towards 80k.
ETH: ETH may have a false breakout in the range of 4k1 - 4k2. This possibility still exists.
So there will be 2 scenarios for ETH:
1. Price breaks out falsely at 4k1 - 4k2 and then drops to 3k5 => setup for the next target to continue towards 3k.
2. Price from the range of 3k9 - 4k drops to 3k5
ALCOIN: Total 3 is at its old peak and this is also the resistance zone. Today's signal on Total 3 further shows me that the likelihood of a deep decline for Alcoin is very high.
2 scenarios for Alcoin:
1. Alcoin may retest its peak with some coins. Total 3 continues to return to the 926B zone => target 794B.
2. Alcoin from the current price range drops deeply without retesting the peak. => Alcoin divides into 2 - 3 - 5 depending on the system.
##Wishing you all a peaceful new week!
P/s: This article serves as a warning and reference. The goal is to bring value to the community.
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