Bitcoin and Ethereum Chart Review and Update #14 ?

in btc •  2 months ago  (edited)

Bitcoin and Ethereum Chart Review



BTC and ETH Chart Published By Philosof at Tradingview

Comment: BTC got above 7170 resistance, Although nothing grows without pullbacks, next target for this move is 7550. Regarding pullback - BTC is unpredictable, because too much stops and conditional orders are placed above/below major SR zones. So it often does very strong impulse moves, destroying all expectations. Will it pull back or not, no one can say for sure. Volume dropping there might be a pullback, but if you never know the size of order waiting there =)

Resistance: 7170 - 7550 - 7800 - 8550
Support: 6900 - 6666 - 6420 - 6200

#BTC #Bitcoin



ETH got to the next resistance at 150-153$ and broken it. Still low volume on that move, but this may be enough to take price to 160$. Now 145$ is support, so if fails to grow, that will be a good spot to go long.

Support: 151 - 145 - 141 - 136
Resistance: 160 - 172 - 179 - 187

#ETH #USD #Ethereum


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