14 June My Technical Analysis

$BTC short term:

If we can hold above 22500, you can use half hourly and hourly closings as confirmation) then around 23.6/23.7 should be the first target, then around 25.1/25.4 if the momentum does not weaken. If the goals come, be sure to realize them. There is FOMC tomorrow, we will see if we can hold long positions when FOMC pricing settles down.

If you can't stay above 22500 and drop below 21.7 then you can consider it as the beginning of weakness.

#BTC  macro analysis:

We have reached the first targets in the macro analysis that we have been following for a long time. 21K was seen ✅ I wrote a lot both here and on twitter so that I would not say that the extremes in these macro views have been bottomed for a long time without testing.

Now we can slowly look for the bottom, but today's profile is not in the bottom view yet, so another bottom attempt may come with the FOMC today or maybe tomorrow.

In the bigger picture, we can talk about the BTC decrease up to the 12s I mentioned before, but I don't think it will happen this week. Maybe it will never happen, I will touch on this subject in another analysis on another day.

This week's drop should be completed with either the first green or the second green band theme and should look like a horizontal or mini rally.

$ETH

1100 USD was seen on the ETH side today. This week's bottom action around 1100/1000 USD should be complete.

I will keep the 400-600 USD range for ETH among the targets, and I can comment on whether this place will come in the coming weeks. At the moment, it would not be very reasonable to expect a decrease after such a decrease. The market needs to settle down a bit so that I can see ahead.

Good luck with,

It is not investment advice.

Graph Source: Tradingview