Here's a wave of the morning market and trading ideas for May 16
Bitcoin is currently fluctuating in the range of 102500 - 104000, currently reported around 103500. The 1-hour chart shows the Bollinger Bands contracting, KDJ has a death cross, and bullish momentum is weakening; the 4-hour chart shows small range fluctuations. It is recommended to short near 103700 - 104000, with a target of 102700 - 102000.
Ethereum is recommended to short near 2560 - 2580, with a target of 2510 - 2480.
