BITCOIN & ETHEREUM REPORT - TRADING ANALYSIS 31st January 2021

 

ETHEREUM  PRIMARY CYCLES

Break and extend pattern in the Monthly cycles from January @ 937.

Expectation it will continue to the February level @ 1825 +

Bullish above 1,280

However, I would not be surprised to see it move down into 1119 before Blasts higher

BITCOIN PRIMARY CYCLES

After the early run up in January to 42,000+, I was hoping that it would crash back down into the January YELLOW, which matches the 2021 50% level @ 23,300 and then once again add to more #Bitcoin for the restart of the Bull Market.

That has not happened, therefore the February YELLOW at 31,119 is of interest, as all TRENDS begin for the YELLOW and extend outward.

Outward could be down - 2021 50% level

However, it could also be $60,933 in FEBRUARY, and that is what I'm expecting.

Note  - $37,769 is the same levels as $13,529 (Yearly highs)

we need to see price above that for more buying to occur.

Follow me on Twitter @timepricetravel

#Bitcoin #Ethereum 


BITCOIN & ETHEREUM MONTLHY REPORT 4TH JANUARY 2021

 

BITCOIN PRIMARY CYCLES

FOLLOW ME ON TWITTER  /  @TIMEPRICETRAVEL FOR DAILY CRYPTO

If you have been following me on twitter you would have captured this entire move on the upside.

The initial move was to the December highs, but the blast occurred in the final week of the year.


timepricetraveller
@timepricetravel
$BTC #Bitcoin
 can come back down into support today, but it can also kick up to the Daily highs. (5 hours) My view it will test the daily highs, but come back down and retest support on Tuesday / Wednesday. The look for set-ups, for a Weekly rally towards $33k
🤔




My view there are more gains in the short-term, but I think there will be a reversal back down in the January Yellow that will coincide with the highs in the S&P 500 (read report)

If that happens, buy and HOLD for further gains into the rest of 2021.


timepricetraveller
@timepricetravel
#Bitcoin
 will move up to $38K+ in January, as high as $43,400. If it gets to $43400 in first 2 weeks of JAN, I will be out of all #BTC
 Below JAN RED down into JAN Yellow (HODL BUY), freak wick would be $17700 hold into Feb highs $65K Trade Primary Cycles, Manage Daily Cycles


ETHEREUM Primary Cycles

Whilst above $914-930, Target $1,280.

Same expectation of a reversal into the Yellow in January. $615


timepricetraveller
@timepricetravel
$ETH #Ethereum Target in early JAN $915-930 Manage upside using key levels in the Primary - $743, $798 (also Daily cycles) If that happens expectation is towards $1,280+

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