Buy at $8,700-8,750
For this trade to work we need to break resistance area 8,800-9,100. Since it's a medium term play I am kind of jumping the gun and buying in this area.
ETHBTC is currently around a horizontal resistance level and there is a strong possibility of a correction to the moving averages bellow where it should find some support.
Short at 0.078 or higher
I think BTCUSD is forming a triangle right now. The best way to take a trade in this kind of consolidation is to wait for a break in either direction. I would take a medium term position after a 4 hour candle closes above or bellow the triangle.
Next significant resistance for BTC is at $10,200. Of course we need to first break the $9,600-9,800 cluster of resistance to get there.
Enter at $8,900 or lower
I believe we are going to continue the recent uptrend. Every dip is getting bought and price is holding very well currently.
There is a big resistance at $9,000 where we should correct or stall for some time.
Buy at $7,900-8,100 area
QSP bottomed on a daily basis and has broken out recently to the upside.
Current correction is an opportunity to get in on the long trade.
Short term target indicated on the chart, but for longer term holders could expect 0.00003 in the coming days.
Short on a break of $6,600
BTC has failed to continue the bounce at a previous resistance (7,150). The quick fall opens up the downside for a new low around 5,800.