#BTC
A large bullish daily candle formed a bullish engulfing pattern. Price has tested 83000 repeatedly, with each pullback becoming smaller, indicating weakening selling pressure. Continue to watch 84340 above.
84340: If price breaks through with a wick and quickly retreats, consider going short.
85000-86600: Strong daily resistance zone; look for short entries if price rebounds into this zone.
81155-80455: Consider going long on a retest, with particular attention to support at 80000.
79855, 79666, 79155: After a false break below the 80000 level, consider adding to the position in batches.
#ETH
2497-2509: Resistance zone above. Consider a small short position near 2497, with a stop at 2563 and targets at 2431 and 2404.
2404: Consider a small long position on a retest, with a stop at 2348 and targets at 2460 and 2497.
For BTC, focus on 84340; for ETH, watch the 2497-2509 resistance zone and wait for a signal at a key level.
A large bullish daily candle formed a bullish engulfing pattern. Price has tested 83000 repeatedly, with each pullback becoming smaller, indicating weakening selling pressure. Continue to watch 84340 above.
84340: If price breaks through with a wick and quickly retreats, consider going short.
85000-86600: Strong daily resistance zone; look for short entries if price rebounds into this zone.
81155-80455: Consider going long on a retest, with particular attention to support at 80000.
79855, 79666, 79155: After a false break below the 80000 level, consider adding to the position in batches.
#ETH
2497-2509: Resistance zone above. Consider a small short position near 2497, with a stop at 2563 and targets at 2431 and 2404.
2404: Consider a small long position on a retest, with a stop at 2348 and targets at 2460 and 2497.
For BTC, focus on 84340; for ETH, watch the 2497-2509 resistance zone and wait for a signal at a key level.