Crypto Analysis: Ethereum - Bitcoin

Hello to all my crypto 'and a great year!

Another nice night for bitcoin! It goes up again at the expense of altcoins. Nevertheless, a downtrend is coming for the day, we will see this in a moment!

Binance, like many exchanges this week, has closed its doors to newcomers. After consulting the community, we decided to use KuCoin as an alternative!

Bitcoin

The trend is up on Bitcoin. We have joined our bullish channel in December, we should return to test the resistance around 20 000 usdt. Indeed, despite the slowdown this morning, the signals are on the rise.

We are evolving in a medium-term uptrend channel and a simple compression figure is in formation. So we are going to have a lot of day trading opportunities today to prepare for the move of the resistance to 17,000 usdt.

The plan :

A purchase between 15800 ustd and 16200 usdt seems to me quite relevant. We will position ourselves like this:

Buy limit: 15800 usdt (10%)

Buy limit: 16200 (5%)

Sell limit: 17900 (50%)

Ethereum

The trend is up on Ethereum, we are still evolving within our bullish channel and we have just passed a major psychological resistance. We should join our dynamic resistance at around 1050 usdt. Indeed, we have a buy signal on the RSI. On the other hand, we evolve very largely in overbought zone on the daily chart, we must prepare ourselves for a correction.

The plan :

We have already bought EThereum several times this week and resold around 997 usdt. We will continue our accumulation:

Buy market : 1000 (5%)

Buy limit : 920 (10%)

Buy limit : 945 (5%)

Sell limit : 1050 USDT (50%)

To conclude on this analysis:

The trend is still on the rise on Ethereum and Bitcoin. On the other hand, while one finishes his race, the other barely starts. Indeed, we should see Bitcoin fall a little during the day before starting again at the beginning of the week. While Ethereum is preparing to join the resistance around 1050 usdt but may correct at the beginning of the week. The scenario seems logical, we should see capital reversals, the ETH / BTC pair is to watch closely.

Ethereum:

We have already bought Ethereum several times this week and sold around US $ 997. We will continue our accumulation:

Buy market: 1000 (5%)
Buy limit: 920 (10%)
Buy limit: 945 (5%)
Sell ​​limit: 1050 USDT (50%)
Bitcoin:

A purchase between 15800 ustd and 16200 usdt seems to me quite relevant. We will position ourselves like this:

Buy limit: 15800 usdt (10%)
Buy limit: 16200 (5%)
Sell ​​limit: 17900 (50%)