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Night BTCETH market analysis:
Good evening, brothers,
BTC just fell to the support level near the 4-hour level at night and then started to rise to the first resistance level of 58500 given during the day, everyone get on board. ETH directly broke below the second support level 2325 without reaching the first resistance level, Rebound can't keep up with the pace, no pullback at all during the decline!
$BTC BTC is currently pulling back in the 1/2 hour chart, but the 4-hour chart is still longer. Pay attention to the 57300 level below during the night. As long as the 4-hour chart does not fall below this level, it is still longer in the 4-hour chart. It may pull back a bit in the smaller chart, but it will still go up. If it falls below this level, the 4-hour chart will start to pull back. Pay attention to the support levels near 56650-56050-55515 below!
To continue upward at night, the 1-hour timeframe must stay above the 57850 level. Only by staying above this level can we say that the small pullback at the lower level is over. Pay attention to the nearby resistance levels/targets around 58500-59100-59800! #BTC trend analysis
$ETH ETH is currently bearish on the 1/2/4-hour timeframe. Pay attention to the 2347 level for a potential rebound during the night. Only if the smaller timeframe closes above this level, will the market continue to move upwards. Keep an eye on the resistance level/target around 2378-2400-2415.
If it continues to fall at night, pay attention to the support levels around 2300-2275-2245 below!