BTC/USD

Monthly

On the monthly chart, BTC broke the trend lines and it looks like it will be very hard to keep up.

Weekly

It looks like it may keep up and rebound on the triangle, but...

When we check closer there's enough to get afraid with all weekly supports broken and a price evolving on free fall.

Daily

As the price was evolving into the "area of hope", getting slowly closer to its short term strong & week short term resistances (Kijun & Tenkan Span), it failed the resistance's opposition and is seeking for any resistance it could find now.

Last chance

Playing its last reserve with Chiku Span monthly hitting the price line. This could oppose a strong support but all other signs are negative. I wouldn't play too fool on this one.

ETH/USD

Monthly & Weekly

Into this time unit, it looks like the movement is just the same as BTC and doesn't need more explanations.

Daily

Daily term can give some hope as we may approach a know resistance trend line. But as long as traders will continue to treat any cryptos how they deal with BTC, I'm afraid I wouldn't count too much on this line. Still, if we compare BTC last chance to this line, we may approach a zone of last chance for the whole movement.

We may have not fallen enough !

However, even if we can work hard to find supports to give us hope, the signs aren't good. And regarding to ETH's RSI D in comparison to its historical bulls, we may still have to fall a bit more to get some more overselling positions before some new trend would be designed.

Other cryptos

What about the others ? Well, appart from Zcash which is still flirting with its resistances, they're all taking the rally on BTC.

Some other random news

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