$BTC and $ETH are bouncing back, but the real breakout is still waiting!
BTC is back above $78K, but must reclaim the Daily MA 50 near $82K to regain bullish momentum. Next resistances: $85K and $87.5K. Supports: $75.8K and the Daily MA 200 at $73.2K.
ETH bounced from its Daily MA 200 and is holding above $2,300. Resistance sits at $2,550, with support at $2,168.
Both charts remain under pressure after rejection at the highs. BTC reclaiming $82K is the key trigger.
Meanwhile, oil falling below $100 offers some relief to risk assets.
Major events this week:
- Monday: ISM Manufacturing PMI
- Tuesday: US Midterm Elections
- Friday: US Jobs Report
A crucial week ahead. Will bulls finally take control?
BTC is back above $78K, but must reclaim the Daily MA 50 near $82K to regain bullish momentum. Next resistances: $85K and $87.5K. Supports: $75.8K and the Daily MA 200 at $73.2K.
ETH bounced from its Daily MA 200 and is holding above $2,300. Resistance sits at $2,550, with support at $2,168.
Both charts remain under pressure after rejection at the highs. BTC reclaiming $82K is the key trigger.
Meanwhile, oil falling below $100 offers some relief to risk assets.
Major events this week:
- Monday: ISM Manufacturing PMI
- Tuesday: US Midterm Elections
- Friday: US Jobs Report
A crucial week ahead. Will bulls finally take control?
