The price of its own upward trend is well supported and returned.
Strong resistance 1.2 in front of the price.
RSI has a hidden negative divergence.
Important support and resistance are listed on the chart.
The Binance coin continues to correct after breaking its long-term uptrend channel and re-testing the area.
The probable destination of this correction is around $ 310.
(Channel floor and pivot intersection and time correction)
The #ETH currency has reached a credible support of $ 3,000 after breaking its 2-year uptrend.
In case of support in this range and failure of the downward trend of the destination and the first target of this currency will be the price of 3400.
(Possible uptrend plotted)
The next major support is $ 2700.
2 scenarios ahead for Bitcoin.
1- Correction up to 30 thousand, due to 👇
Formation of the return pattern of the head and shoulders.
Completion of Death Cross (Cross Moving 50_200)
Strong downward candles at higher times (weekly)
Confusion of traders and markets in this support area (reduction of credit in this area)
2 - Support and return up to 51...
Bitcoin on the edge of the abyss!
Descending pattern of head and shoulders.
Completed Death Intersection (Cross Moving 50-200)
If the head and shoulder pattern is completed, the next destination of the channel will be 20,000.