CrediBULL Crypto
CrediBULL Crypto|Apr 06, 2025 23:35
Not looking great atm on BTC, so have to consider that the first reversal area (range lows) may not hold and prepare ourselves in case the 2nd, higher TF zone at 69-74k may be tested. Unfortunately most alts (including ETH) haven't held up very well on this drop and so a further push down on BTC to our second zone likely means ETH will break below the region I expected to mark our bottom (GREEN). If that happens, the only other area of interest I can see on the downside is the ORANGE zone below. Keep in mind our HTF horizontal support at 1800-ish remains valid until the close which is at the end of this month- so if we do get a break on BTC to 69-74k and on ETH to the orange zone, would want to see a strong buyback and push back above 1800-1900 by the monthly close. I dont't think you can go wrong buying spot into the ORANGE zone for a mid/long term hold, but for another trade attempt would probs be best for some LTF PA to develop.
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