CryptoTechnical Analysis
Daily Session : Late US
This currency pair is expected to have a Bullish bias today. Traders can consider a Long position once the price confirms above the '66939.4'. In that case, the first target price 68650.4 may be reached, as well as the second target price 69866.9. Subsequently, the price may extend further and finally reach 71577.9 by the end of today's market session.
On the other hand, if the price breaks below '66939.4', it may indicate a shift in momentum, leading to a potential Short position. In such a scenario, the price could decline towards the first support level 65722.9 and even test 64011.9. Lastly, a sharper decrease towards 62795.3 is also possible by the end of today's trading session.
#Daily #BITCOIN #CryptoTechnical Analysis
Note: This part is being updated using Frustrader AI Integration. BITCOIN has no update for this session
CryptoTechnical Analysis
Daily Session : Late US
Projections show a Bullish outlook for this currency pair in today's trading. Traders who anticipate upward movement may consider Long positions once the price surpasses the '3226.4'. This breakthrough could lead to the achievement of the first target 3313.7 and potentially extend to 3372.9. Further upside potential exists, with the price possibly reaching 3460.3 before the end of today's trading session.
However, should the price breach below the '3226.4', it may indicate a shift in market sentiment, prompting traders to consider Short positions. In such a scenario, the price may retrace towards the first support level 3167.2 and subsequently level off at 3079.9. A sharper decline towards 3020.6 is also foreseen earlier than today's closing session.
#Daily #ETHEREUM #CryptoTechnical Analysis
