$BTC
Will the BTC Bulls make a perfect comeback or the Bears win this fight?
Hello, guys. How are you all? This is your Captain speaking. It’s time for a market update. Let's get started.
BTC : BTC is currently trading inside a rising channel (check 1st screenshot) where it has lost the median support. Also, it’s inside the consolidation Fibonacci support. So consolidating here is good for the Bulls. They need to hold this level as well as gain momentum to go to the upside. However, losing this support will be a GAME OVER for the bulls.
ETH : Same for ETH. It's still lagging but currently in Fibonacci support (check 2nd screenshot). So, Bulls must step here otherwise, Bears will drag ETH more to the downside.
TOTAL3 : Trendline support is lost, rejected from the median of the rising channel (check 3rd screenshot) & now in the Fibonacci support as well as close to the channel support. So, Bulls need to make a comeback here.