$BTC And $ETH Bullish Signal
Bitcoin (BTC) Analysis — April 29, 2025
Current Price: $94,532
24h High / Low: $95,533 / $92,953
Trend: Bullish
Technical View:
Broke out of a 4-month falling wedge.
Closed above the 200-day moving average.
RSI is strong (above 50).
Trade Setup:
Entry: Around $94,000 – $94,500
Stop Loss: $91,500
Short-Term Target: $95,500-96,500 –97,500
Medium-Term Target: $98,500-100,000-105000
Long-Term Target:
110,000-120,000
Key Levels:
Support: $92,000
Resistance: $95,500 and $100,000
Ethereum (ETH) Analysis — April 29, 2025
Current Price: $1,795
24h High / Low: $1,822 / $1,754
Trend: Consolidating but bullish
Technical View:
Trading between $1,750 and $1,850.
Needs a breakout above $1,850 for strong rally.
Trade Setup:
Entry: Around $1,780 – $1,800
Stop Loss: $1,730
Short-Term Target: $1,820 – $1,850
Medium-Term Target: $1,900 – $1,950
Long-Term Target: $2,000 – $2,500
Key Levels:
Support: $1,750
Resistance: $1,850 and $1,900