Market Analysis of February 15th

The marketcap has been Moving up (-2.12%) since yesterday. The total capitalization is 1 475 746 950 256 USD.

Bitcoin totals 897 050 068 038 USD of capitalization for a dominance of 62.3%. Ethereum’s marketcap is 207 518 752 013 USD, followed by Tether with 32 104 598 121 USD.

Market Sentiment

Latest Crypto Fear & Greed Index

Bitcoin Analysis

The BTC closed higher, trading around $48500.

The daily technical situation is now rather neutral and is negative in 4 hours.

What to do about it?

 Our little scalped got missed by a few bucks, we’ll now have to wait for the next one. On retracement, most likely around $40000

  • The supports of the day are at 40000$ — 45000$
  • The resistances of the day are at 48000$ — 49700$

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Ethereum Analysis

This is the same story for ETH, trading around $1800 at the time of writting these lines.

The daily technical situation is neutral and negative on 4h TF even if we can spot some signs of bullish curvature.

What to do about it?

 

The best thing to do is to wait for a better entry point.

  • The supports of the day are at 1650$ — 1700$
  • The resistances of the day are at 1860$ — 1870$

Conclusion

We have to wait for a better entry point for ETH and BTC.


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