Crypto Charts 115

Bitcoin

Last time we said:

‘Look for a sell off from current levels and start to buy at $28'880 , add at $28'100 and again at $27'330 with stops at $26'000’

The sideways price action look like we are in the late stages of a wave b triangle. Once complete we will look for a thrust below $29'660 to confirm lower in the coming days and will us the same levels as last week to start accumulating a long position.

Ethereum

Last time I said:

‘Look for another sell off into the $1'780 – $1'742 area where we would buy with stops remaining at the $1'620 level’

We should remain below $1'930 expecting to see a break of the support level at $1'818-$1'835 level. Expecting a push lower imminently and use last week's levels to start building a long position.