sinanv1992

The last update of the BTCUSDT chart depicts a bullish trend for a long time (Daily Time Frame), although there might be some price correction to break this gentle uprising slope. However, In the short duration (4H-15min Time Frame) downward trend is expected due to fundamental news for the Crypto market. On the one hand, it is wise to say that if the descending rhythm is going to break a support area ( 26500 -27000), we will see a strict fall to the resistance area ($24000-25200). On the other side, when we witness a move toward the channel, then after, we often experience a trading range followed by. So, we may be waiting for a positive break out which will increase the market price to pass the $32000 in no distant future.

The Ethereum movement depicts that the past Crypto Currencies' Spring will be reachable if it breaks the rising channel out to a new area ($ 2200-2400). Although, there is another scenario for pushing back the potential positive movement, which may pull back into $ 1930-2000. However, what more seems to be growing the price rate as positive Fundamental News supports the continuous process during the upcoming days.

As the chart shows, the upward trend is going pump into two target levels. The first station of this sharp increase will be between $ 29500-29700, and the second one seems to touch $ 31500 after a trading range to correct the price in no long duration. If the fundamental data aligns with this trend, Federal Reserve news, we will see a bullish process from then.