Andruxa_777
AVAX is at the moment clearly following diagonal channel. Seems that its good for short.
Hi guys! As seen on the daily chart, Eth approached is trying to break through the diagonal channel. It is also clearly seen that such slight false break-outs happened in recent past. So the price may still come back to the channel and we will see 700. Considering bearish market in general it is still very possible scenario. But lets see a little for confirmation...
As seen on a weekly time frame ETH is mooving in a falling wedge. At the same time it approached strong horizontal support and the lower diagonal line at the same time. I expect that it will test 900USDT one more time and than will reject and break the falling wedge upwards. Can be used for longs with 2-3 month period
On 2hr frame it is seen that Eth is approaching the lower resistance of the parallel diagonal channel. In couple of hours we will see how it actually will follow. Beware of false breakouts. The are quite popular now.
As it is seen in a daily frame BTC just rejected from diagonal resistance line, and seems that it is not going to break through it. I thing that it will go to 38k level and than will break the triangle seen on the chart.