5.11 BTC, ETH Midday Analysis
Epic takeoff, the air force that didn't carry losses has been taken out; the mainstream has been too strong in recent days. I haven't opened mainstream positions, let's let the market move for a few more days, take it slow.
Key Levels:
$BTC : Watch for overhead resistance at 105300 / 107000 / 108500 / 11w
Watch for support levels below at 102500 / 101500 / 100000
$ETH : Watch for overhead resistance at 2630 / 2730 / 2850
Watch for support levels below at 2460 / 2380 / 2320 / 2250 / 2150 / 2100
Entry Point Strategy:
BTC: Short around 105500, stop loss at 107000 if it holds, target near 10w.
ETH: Short around 2630, stop loss at 2700 if it holds, target near 2450.
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