$BTC Update:
On the long timeframe, we are expecting a pump for the right shoulder, if we zoom in we are looking at a double bottom pattern. We are expecting to see a breakout from above of the downtrend, that will lead to a pump, to the right shoulder. WE COULD BE EXPECTING: -Scalp for longs -Limit orders for shorts
I said it first, $ETHUSDT has got a chance of reaching lows this time.
Could be seeing $820, but this is all sideways, we are in a balance between
$5k resistance
$864 support
$BTCUSDT MAJOR UPDATE:
Weekly;
Major supports waiting: $54,891 - $47,286 - $43,497
Expected retest / resistance: $65,454 - $72,000
Stop loss for short scenario, weekly closure above of $74,000.
We expect that we will form a retest on the lows, before a further leg up.
USDT.D & Market Overall IMPORTANT UPDATE:
Currently consolidating inside of the pennant, and recently has broken from above on the Daily Timeframe, which is a major timeframe.
If we manage to hold above within the next 2 days, a major crash is about to happen in the market.
$BTCUSDT Update:
Bitcoin has broken from below of our hidden trendline, which has been accurate for the last previous days. Expecting to see Bitcoin at around 70K soon.
$ETH
After breaking from below of the hidden uptrend, we could notice that the bearish momentum is strong, and now we are in a downtrend, Currently the 2k is being retested, weekend will keep it moving sideways, but eventually we will break from below of it.
$ETHUSDT Could be going for reversal to the upside here.
This is a very important level for Ethereum, if we lose it we could notice further continuation to the downside.
But as long as we are above of it, and above of the important midterm horizontal level of support