BTC and ETH views for Saturday, November 22.

The weekend market is quite volatile. After yesterday’s wick down to 806, a rebound has started to recover somewhat, but a clear return to an uptrend still needs to be observed. For the rebound to be strong, at the very least, it needs to break through the 863-880 range. If the price can’t close above this level, the market won’t truly reverse and will only be a recovery rebound. For the weekend, pay attention to the 82300-83000 support area for potential long positions; as long as it doesn’t drop below this level, you can look for a minor rebound. For the rebound, just watch the upper target resistance. If the price falls below 810 again on a pullback, stop out of long positions.

For ETH, watch the 2700-2665 range on a pullback. Only if it doesn’t fall below this range will the market recover and test the higher 2800-2900 resistance area. Only breaking through this resistance will the trend reverse into an uptrend. Look for long positions near these two levels. If a new low below 2620 is made, stop out of long positions.

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