BTCUSD
BTCUSD is approaching the resistance at the downtrend line on the daily chart, which is also crossed at the 7000 level. If the price hits this resistance, it might be a good place to go short.
We also can see the new resistance area is roughly between 6800–7000 if the price breaks the resistance area between 6000–6600. Then we can short at 6900, ST at 7100 and TP at 5800.
ETHUSD
ETHUSD is still on a downtrend but comes into a small correction recently. On the daily chart, we can see that the 270–300 area is a resistance area.
On the 4H chart, we can also see the price is testing a minor resistance. This seems like a place to short with a small position, if the price goes above 230, then stop out and then short again when price comes to 280, with a ST at 310 and TP at 170.
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