It's just broke the weekly trend (black), If it break the short downtrend which meets with the 50 MA on 4 hours chart, its will go to 20.75 level which meets the daily 25 MA, if the bulls succeed to break the 25 MA it will go to the daily 50 MA at 26.25 level.
* If the first support hold then ETH will make double bottom (W) with a neckline at 840 level.
* If the first support failed, it will go towards the second and important support which meets the bottom of the red channel.
* If ETH failed to rebound from the second support, then it will go to the bottom of the big channel "black".
ETH rebounded from the broken Weekly uptrend and the Daily 50 MA.
1- If the bulls defend the support at 445 level and close over the downtrend and Daily 50 MA, its first target will be 540 level.
2- If the bulls failed to defend the first support 445, its second support will be 430 level which meets with an uptrend.
3- If the bulls failed to protect...
BTC fight between strong resistance at 8470 which meets with the Weekly 50 MA and strong support at 7714 which meets the Weekly 20 MA
There is 2 scenarios:
1- If the bulls defend the support area , we will see the last run to weekly resistance at 9659 level which meets with the downtrend.
2- If the bulls failed to defend the support, we will test 7100 before...