BITCOIN PRIMARY CYCLES
In the 2017 bull market, BITCOIN retested the monthly lows (RED) once, before continuing higher.
During this Bull Run, Bitcoin hasn't tested those lows, but looks to be testing those lows this week.
This is a critical level, anywhere around the 38 to 42k Level in this bull run is a major support level.
There is an expectation that Bitcoin will have 30-38% pullbacks in this cycle, and these levels are approximately that pullback from the highs.
Worse case scenario is a CRASH PATTERN to 20-22k, but I can't see that happening.
ETHEREUM Primary & Secondary Cycles.
ETH has had a major run this Quarter, and it's back in the BUY Zone (3,200) for a move towards 5.6K.
That's only going to happen confirmed with BTC support.
Therefore, we want ETH bounce up from 3,100/3,200 and close back above $3,535 and the end of this week for a move upwards in JUNE