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Bitcoin and Ethereum – Monday, October 24 Market Review

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Video analysis of technical changes in Bitcoin and Ethereum. Focus on the areas of resistance and support that are available for prices.

Bitcoin Analysis – Medium Term

No change, the candle remains flat and the Tenkan remains the resistance of the moment. The medium-term support, at 18,900 still holds. Despite a new breakout attempt late last week.

Bitcoin Analysis – Short Term

New attempt to break the Kijun NewspaperIf the breakout is confirmed, we will have to keep an eye on today’s close and the upcoming macroeconomic figures. If the breakout is confirmed, Bitcoin could easily go to the bottom of the cloud, along with the downtrend line.

Ethereum Analysis – Medium Term

Again, little change. The candles are flat. And the Tenkan plays the role of resistance at $1,500.. Like Bitcoin, volatility is at its lowest point.

Ethereum Analysis – Short Term

The Kijun Newspaper breaks, suggesting a return to the bottom of the cloud. The Life span is also free to rise. If the cloud breaks, the 1 500$ will be the next target with the long flat Kijun and the downtrend line..

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