Hi all.
Well, the situation on bitcoin is not changing much. At the moment, on 6H, we are seeing another approach to the local resistance zone of $61,500-62,000, which increases the probability of its breakout. From here, you can look for an entry point into a long, purely speculative short scalping transactions. As for longer transactions and purchases, I am considering the $52K-54K zone for this, where the inclined support of the descending channel and the trading zone of February of this year intersect.
In an ideal scenario, there would be a downward movement to the $41K-44K trading zone and from these values a strong growth towards the historical high.
I most likely expect a downward flow to the previously mentioned supports, but locally they can still extend upward to the $65K-66K region within the descending channel.
On Ethereum, we are seeing consolidation below the $2700 level, which increases the probability of its breakout during the next approach. On 3D TF, 200DMA acts as support, which gives chances for continued growth. If Bitcoin sneezes down in the near future, Ethereum will once again test the $2200-2500 support zone.
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