Bitcoin and Ethereum daily analysis

BTC analysis – 4H

Today Bitcoin has broken the bearish channel and the SMMA (200) with decent volumes, the RSI remain below the overbought level. There are two areas to keep an eye:

The trend line of the bearish channel, where bitcoin could return to make a pullback ,  and the zone of 11700 where there is an interesting resistance .

 

ETH analysis – 4H

Even today Ethereum broke the trend line of the bearish channel, but unlike bitcoin it did so with a very low volume, this means that the price has not yet come out from the lateralization zone. The two areas to keep an eye on these next weeks are: the resistance of 900 and the support of 780.

 

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