BITCOIN PRICE KEY HIGHLIGHTS

• Today price of Bitcoin seems to be drawing support around the area of interest at the middle of its range.

• Previously price broke belowa short-term consolidation pattern to show that sellers have regained control.

• There are various support zones still nearby that might pave the way for a bounce back to the highs.
  

Price of bitcoin is stalling close to the mid-range area of interest, which happens to be bounded by a couple of Fib levels.

ETHEREUM KEY HIGHLIGHTS

• Price of ETH was seen trading in the range around $200-205 against the US Dollar and lacked bullish momentum.

• Short-term contracting triangle pattern with resistance of $203 which forms on the hourly chart of ETH/USD.

• The triangle support at $195 on the downside, in the near term holds a lot of value.
  

Price of Ethereum is trading with a neutral bias against the US Dollar and Bitcoin. Now, ETH/USD above $205 has to gain bullish momentum for more gains.The triangle support at $95 on downside, holds a lot of value in the near term. The price is above $190 alongated and there is a chance in the near term of a move towards $212 -215

HOURLY MACD – The MACD bearish slope is slowely reducing .

HOURLY RSI – The RSI is currently above the 50 level.

MAJOR SUPPORT LEVEL- $190

MAJOR RESISTANCE LEVEL- $205

Thanks! for reading and gave this post a admired approach by following and voting🙏👍.