Good chance bitcoin price can go up/sideways from here. Price crossed resistance from 4000CNY top earlier today and thoroughly tested new support. With the last 30min candle price even crossed a minor resistance up. TRIX and RSI also crossed the resistance line from 4000CNY top.
In case of failure of a proper price bounce off the 1 month old support line around .025-.026, ETHUSD could enter the 1d ichi cloud and continue its decrease. New support levels could be found at 0.5-0.78 fib lines. Since 1d MACD, RSI, TRIX and OBV are turning down, price progression above the 1month old support line is doubtable for ETHBTC.
After having built an Adam and Eve double top, ETH broke its neckline and entered the 4h ichi cloud. TRIX and RSI broke support lines. CCI in the red. I expect a retest of the support trend line at .025-.026.
BTCCNY 1w: Price broke resistance line from all-time high but last week also triangle support line. MACD and CCI have been undecided for several weeks. TRIX has not broken resistance line. RSI should break out of its (smaller) triangle in the coming two weeks and show a general direction BTC will take (fakeouts excluded)