Bitcoin currently shows a clear 4H level ascending wedge pattern, with highs and lows gradually moving up but forming a converging pattern, in the range of 88000-89000, which has not been effectively broken down.
In terms of indicators, the 4H MACD maintains green bars expanding below the zero axis, with DIF and DEA diverging downwards. RSI has quickly fallen back to around 40 from the overbought zone. If the short-term peak breaks below the lower support line, downside space will open up!
Bitcoin $BTC rebounded to the range of 91000-92000, target 89500, looking down at 88000!
Second coin $ETH rebounded to the range of 3240-3280, target 3150, looking down at 3080!
In terms of indicators, the 4H MACD maintains green bars expanding below the zero axis, with DIF and DEA diverging downwards. RSI has quickly fallen back to around 40 from the overbought zone. If the short-term peak breaks below the lower support line, downside space will open up!
Bitcoin $BTC rebounded to the range of 91000-92000, target 89500, looking down at 88000!
Second coin $ETH rebounded to the range of 3240-3280, target 3150, looking down at 3080!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
90,327.79
-2.27%
ETH
3,086.5
-4.62%