1 min read

Crypto, 10%+ move from key Fibs

In case you missed it over the weekend,

Bitcoin held 78.6% at 30,300 and hit the upside target based on the 78.6% rule at 34,500 and we are now look for the completion of the second target based on the 38.2% rule, that is, whenever it fails to make a new low after reacting from 38.2%, the next target becomes 61.8% at 36,500. You will also have to watch 23.6% back to the ATH at 37,300. Today's DSP is key to the current up trend remaining positive.

Ethereum also held the key level mentioned on the 26th at 1721.00, this was 61.8% of the ATH and the 2018 low. The current target is 2160.00, this is 38.2% of the last month's range. Today's DSP of 1935.00 is key to the current run staying positive.