Bitcoin – Ethereum – Dollar – Market Review for Tuesday, July 10

A market waiting for fresh news, this is the state of all cryptocurrencies. The operators will especially observe inflation figures released in the US this Wednesday!

Bitcoin Analysis – Medium Term

Still blocked by resistance at $32,000, Bitcoin has lacked dire momentum and volumes for weeks. Beware of this situation which can turn against buyers!

Bitcoin Analysis – Short Term

The range continues, but the daily Tenkan has broken lower, opening the door to a return to the top of the daily cloud. Therefore, the $28,500 grant is still not out of the question!

Bitcoin intraday analysis

The intraday view supports the warning signal sent by the daily Tenkan. Prices are below the intraday cloud with a resistance at $30,500 that needs to be broken to hope for a resumption of the rise.

Ethereum Analysis – Medium Term

Ethereum remains in its weekly cloud, but continues its lateralization phase. A bit of movement from a weekly point of view. The main supports remain located at $1,750, the zone consisting of the Tenkan and the weekly Kijun.

Ethereum Analysis – Short Term

The day view also shows this lateralization phase. Note that the top of the daily cloud remains a key resistance and that prices are still moving in a short-term range.

Dollar analysis – medium term

The dollar remains firmly below its weekly cloud and shows no signs of a technical recovery. Note that the weekly Kijun and Tenkan are two major resistances located at 103.4 points.

Dollar analysis – short term

From a daily perspective, prices are returning a negative signal with an exit from the bottom of the daily cloud. Note the trend line always supports the prices.

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