#BTC (daily chart).
Contrary to the expected descent to the $25,800 mark, Bitcoin made a breakthrough to the area of the exponential moving average EMA 50 D ($26,850), from where sellers returned the price to the mark from which growth began.
Nevertheless, in the future, the instrument again overcame the opening level of last week, and at the time of writing the review, the price is consolidating under EMA 21 D.
It is worth noting that the long upper shadow of the candle indicates a lot of pressure from sellers, however, with the development of an upward movement on September 18, this did not prevent the asset from continuing its growth.
It is possible to repeat a similar price pattern when buyers hold the instrument above the EMA 21 D ($26,450).
We are more inclined to another upward impulse from the current levels to the trend line of resistance in the area of $27,200 — $27,400.
After the rollback of bitcoin from this area, we are waiting for the price of the test of the opening level of last week.
If the pressure of buyers is enough to overcome $26,700, Bitcoin will go to update the current monthly maximum.
Fixing the price below $26,400 will greatly increase the chances of the instrument descending to the lower border of the horizontal channel — $25,200.
#ETH. Over the past 24 hours, Ethereum has increased its value in a pair to Bitcoin by 1%.
A reversal is planned in this pair, in the near future the asset may recover faster #BTC.
The instrument has gained a foothold above the trading level of $1,600, the nearest significant resistance is at $1,660.
The total market value of digital assets has risen by 0.9% over the past day, the dominance of the main cryptocurrency has remained unchanged.
Buyers need to close the current day on #BTC over EMA 21 D ($26,450), this will create a springboard for continued local growth.