Crypto signals | Alex

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#BTC UPDATE This is the 6H chart, as you can see the price is consolidating above the $27,100 support for a while As I said in the previous updates, our goal is to buy the bottom. We may see a fake breakdown to $26,100 - $26,500 now, but we are going to use it just for buying This setup will be invalidated only if the price stays below the $26,500 for a long time. In this case the trend will be lost. Otherwise — up only

#BTC 🔥🔥

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#ETH UPDATE Ethereum is strong at this point. There is a support at the $1840 level, and ascending trend line. Both these support are strong enough to hold the price If Bitcoin goes to $26,100 - $26,500 area, we may expect a fakeout of the $1840 level on Ethereum In case the price stays below this level for at least 1-2 days, chances of decline down to $1670 will rapidly increase

#BTC — EXPECTATIONS The overall trend is still bullish, but as you might guess — we entered the 1-5 wave correction. The bottom of this correction is $26,100 - $26,500 During this weekend, we may see some upside movements, but the next week will be started with the gap below the price level Our goal is to BUY THE BOTTOM We placed buy orders in the $26,100 - $26,800 zone. After reaching this zone, we expect the up-trend to continue. All thoughts are on the chart

The WSJ poll shows that the Fed will probably cut rates only next year And if the rate stays the same, it's a bullish sign

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