As shown in my last idea on cardano, I was looking for a downward push into 1.9-1.8.
I currently found a short term( 12hr ) setup which support this weekly timeframe analysis.
We can enter a short position and target 1.9-1.8 with potential on 1.7-1.6.
Bitcoin loses grip on the middle of our decending channel as technicals flip bearish again
as long as bitcoin remains below 35k we can expect a move down into 28k with extension to 26-25k
Litecoin didnt break its range on the 1 hour and 4 hour signal on RSI is still active. We can go long here with a high risk reward ratio.
Volatility is still low so this means we are looking for strong move here!
stochastic also had a nice reset so we can expect momentum to flip back up.
Main TP 148~150