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[BTC], [ETH]
Bitcoin and Ethereum are experiencing a one-way decline without even a rebound.
The arrangement of moving averages is also gradually changing to a reverse arrangement as mentioned in the previous post.
Bitcoin 1D
If Bitcoin does not bounce back from 88,752, the moving averages are very likely to be completely rearranged in a bearish state.
Ethereum 1D
If Ethereum fails to rebound from 2,821, the probability of the moving averages being in a complete reverse arrangement, similar to Bitcoin, will be very high.
Bitcoin 88,752
Ethereum 2,821
The above range is a very beautiful support and bounce expected range on the chart.
However, it is uncertain whether the forces will easily provide a rebound since it is a position that many people are watching.
There is a tendency not to give the waiting position where everyone opens their mouth, or to just break through deeper.
If you are trading, you must set a stop loss below the support line, and if it breaks down below the support line, it is also a good method to short while expecting to reach the next support line.
#BTC #ETH #차트시황 #Losscutchild
Check out my #BTCUSDT.P analysis on @TradingView: