Based on our ai analysis, it is about to visit 0.023 - 0.024 levels. Long/short ratio also supports our idea ! Test the accuracy ! Use AI !
We will see what will hapen ! Oversold area seems ready for a pull back action. Be cautious !
Overbought levels always have a surprise for greedy traders ! Let's see what will happen !
Bottoming daily channel , a nice push up on the way ! Probably it will be news driven.
Overbought means a step down is very likely. Hopefully with altcoin increase , alternative is total market crash!
We are in a decision zone , if ethereum reclaims 1726 we may see a increase continuation. Otherwise we will visit support levels ( 1550, 1483 ) Wait and see may be a good approach.
As it is headed to resistance we will see a sharp correction.
Based on our ai based ( genetic algoritm ) we will see a mini recovery ( momentum score ). Then ethereum will visit to S1 level. ( bull bear ratio ) Let's see what will happen.
Bitcoin is about to consolidate btw 24k and 25k. Mail target for short term is 30k- 31k area. Consolidate first , then distribute. * not a financial advise.
This area is suitable for consolidation. S 2 : 24824 is the main target for bitcoin consolidation. An extended consolidation may happen at S3 : 22545 Main destination is R levels with a bull scored btc ( 29k - 31k ) * not a financial advice.