Tuesday Morning, June 17
The current four-hour chart shows that after a significant rise, the bears have broken through the upper Bollinger band with a large bearish candlestick. The KDJ has crossed down, and the RSI is declining, indicating a short-term downward trend.
The one-hour chart has shown two consecutive bearish candlesticks retracing to the middle band; if it breaks, it will further decline.
Bitcoin is moving south in the range of 107400-107900, with targets looking down to 105-103.
Ethereum is moving south in the range of 2590-2620, with targets looking down to 2500-2450.
