CryptoTechnical Outlook
Weekly Session : Friday
Anticipations indicate a Bullish bias for this currency pair today. Traders looking to capitalize on this momentum may consider Long positions if the price exceeds the '65341.0'. Upon surpassing this level, the first target 70637.8 becomes achievable, followed by the second target 73539.7. Furthermore, It is even possible for the price to ascend towards 78836.4 before the end of today's market session.
Nevertheless, a breach below the '65341.0' could indicate a potential reversal, leading to Short positions. In such a scenario, the price could retreat towards the first support level 62439.1 and perhaps test 57142.3. A more substantial decline towards 54240.5 is also plausible before the market closes today.
#Weekly #BITCOIN #CryptoTechnical Outlook
Note: This part is being updated using Frustrader AI Integration. BITCOIN has no update for this session
CryptoTechnical Outlook
Weekly Session : Friday
The prevailing market sentiment indicates a Bearish bias for this instrument today. Traders who expect downward movement may consider Short positions right after the price dives below the '3409.4'. This breakthrough could lead to the attainment of the first target level 3276.6, coupled with the second target level 3055.2. Further pull might even lead the price towards 2922.5 before the day gets over.
Oppositely, breaking upper the price '3409.4' could indicate a potential reversal, getting traders to consider Long positions. In this format, not only may the price descend towards the first resistance level 3630.8 , but it may also see 3763.6. A more substantial increase towards 3984.9 is also on the way to get the session over.
#Weekly #ETHEREUM #CryptoTechnical Outlook
