The price volatility lowered since our last analysis, but this situation can be attributed to weekend factor, and is not conflicted with my view that the volatility is getting higher. There are probably some sharp movement in the following days.

ETHUSD

I gave a short advice that short at 320, then short, ST at 350, TP at 260 , which was not triggered.

The price goes up the triangle consolidation area, but it is worthy to note that this break of resistance is very likely a fake break because of the lower volatility. I will stick to my short setup in last analysis.

BTCUSD

I gave a short advice that short the BTC at 6800–6900 area, ST AT 7200 AND TP AT 5900, which was not triggered either.

please remember that 6800 is a key resistance level ,which is the previous highs/lows and key Fibonacci retracement level. When two key resistance meet up at some certain area, there is a high likelihood that the price will fail at here. I will stick to my last analysis too.

Where to Find Us:

Website: www.bybit.com

Facebook: www.facebook.com/Bybitofficial

Twitter: www.twitter.com/Bybit_Official

Reddit: www.reddit.com/r/Bybit/

Medium: www.medium.com/bybit