For BTC and ETH, I would like to see a local correction now and start building long positions. Such a movement would fit well into the pattern that Monday often shows fake movements before the real movement of the week.
Regarding assets, we have the following important signals:
#BTC:
After reaching the target of the 'Bullish Wedge', there is a test of the global ascending trendline (marked with a dotted line), which has not been broken yet. There are three markers of potential highs on the 3-hour timeframe and one on the 4-hour timeframe. Based on this, we are expecting a corrective Monday and will be attentive to signals of continued growth. On the daily timeframe, the key moment is the test of EMA 50 (currently at $115,649). Yesterday, we couldn't stay above it. Today is the second attempt, while the price is below the moving average. Let's remember the persistent downtrend on the daily timeframe. Although liquidity for its targets has already been removed in the dump, the trend is still in force.


#ETH:
Apart from the transition to a stable uptrend on the 3-hour timeframe, there is also an uptrend on the 4-hour timeframe. Despite the fact that the ETH/BTC pair may show growth according to the analysis of long volumes on Bitfinex, we are also expecting a correction today. There are three markers of potential highs on the 3-hour timeframe and two on the 4-hour timeframe. Even though Ethereum looks stronger than Bitcoin at the moment, ETH has not even tested the EMA 50 on the daily timeframe yet (currently at $4,245).


