The movements on Bitcoin, Ethereum, Litecoin have become even more curious in recent days. In this article, we will consider the key levels and possible targets of these coins.
Bitcoin Analysis: BTC/USDT
There is a CYPHER formation on our chart, which moves in a horizontal trend in the medium term. The green area we marked as PRZ (Potential Reversal Zone) also coincides with the level of the Libra formation on the 4-hour chart. With the buying reaction from this region, 36450 and 38115 resistance levels can be followed. The 31700 level should be followed as the Main Support in the declines.
Ethereum Analysis: ETH/USDT
With his new low level, Perfect AB=CD formation worked and got his first target. Then, with the selling pressure, the 2270 and 2410 resistance levels should be followed if the formation works in our price movement, which is in the Double Bottom formation formation. If the selling pressure increases, the 2050 level should be followed as the Main Support.
Litecoin Analysis: LTC/USDT
There is Harmonic CRAB Pattern formation inside the channel in our graph, which continues its movement in the downward channel. If the decline continues to the level of 137, the rise can begin with the buying reaction from this level. At the same time, in our current price movement, if the formation works within the Double Bottom formation and the neckline is broken, an increase to the level of 167 can be seen. 156 resistance level is important on the ups. On the declines, 137 and 130 support levels should be followed.