BITCOIN PRICE KEY HIGHLIGHTS

• Today price of Bitcoin was consolidating tightly below its all-time highs in a small symmetrical triangle.

• Buyers are not strong enough to take it to new highs as price broke to the downside to signal.

• Results cryptocurrency back on the next support areas at $2300 then at $1850 back on track towards testing.
  

Also the price of bitcoin past its recent highs unable to show bullish momentum.

ETHEREUM KEY HIGHLIGHTS

• Price of ETH today came under renewed selling pressure and its support against the US Dollar declined below the $212

• With support at $212 there was break below a descending contracting triangle on the hourly chart of ETH/USD.

*Ether Price is currently below the $205 support.

There can be more declines as long as its price is below the $218 level. Ignite further declines could break below $190 in the near $180 or $170

HOURLY MACD – The MACD is almost placed solidly now in the bearish zone.

HOURLY RSI – The RSI is currently below the 50 level, and heading lower towards 30

MAJOR SUPPORT LEVEL- $190

MAJOR RESISTANCE LEVEL- $218

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