Hello friends ☀️

#Bitcoin  ve # Ethereum closed above the descending trend resistance, making a positive start to the new week.

- Bitcoin

After four attempts, it finally broke the falling trend resistance and closed above it on the 5th attempt.

With these closures, the short-term outlook turned positive and the $62,000 support is maintained, the short-term outlook will continue to remain positive as long as it is maintained.

$62,000 support level is maintained, there is no significant resistance ahead until the $67,000 level, so this level can be followed as a target.

- Ethereum

Similarly, after a few attempts in Ethereum, it finally broke the downward trend resistance and closed above it.

With this closing, the short-term outlook turned positive, and as long as the $3,450 support is maintained, the short-term outlook will remain positive.

As long as the $3,450 support is maintained, there is no significant resistance ahead until the $3,650 level, so this level can be followed as a target.

I think this area will be suitable for making new purchases, building positions, and taking risks because the downtrends have been broken.

Even if the trend break is fake and the decline continues, we will have a chance to escape with a small stop (approximately 2%) because the support levels are close. In this context, entering trades from these areas seems to be in line with the risk-reward ratio.

If Bitcoin and Ethereum rise a bit and provide confidence, new trades can be opened in terms of altcoins, but first we should see that Bitcoin and Ethereum rise a bit and provide confidence. If we get this confirmation, I will frequently share altcoin analyses with you, my friends.

The start of the new week and the new month has been positive, and hopefully it will continue this way. I wish everyone a great week and plenty of profits.