Week Ahead In Cryptocurrency : Consolidation in BTCUSD, ETHUSD. BNBUSD, SHIBA INU

BTC/USD

The BTC/USD pair could continue to rise towards the next resistance at 55000 if it manages to clear all resistances on its way up.The most important key resistance to over come is 45456 . A daily close above this level will see sharp uptrend towards 55000. On the downside, price can see some decline to test 32956-34769 key supprot zone.

SHIBA INU

As far as Shiba Inu is concernd , it is still in range between 0.00001689-0.00003553 .As long as the price remains within this range, the trend will be neutral. A break of 0.00003553 will send price higher towards 0.00005473.This will be the big indication of trend change. 

ETHUSD

The second most important cryptocurrency  trading pair is ETHUSD. which is also showing an established range between 3594.29-2453.85.As long as price remains in this range buying at lows is best option.

BNBUSD

Key Support Zone: 320-347

Key Resistance Zone:427-461

This pair is also in consolidation.Keep an eye on these support and resistance zone before making any decision.

Disclaimer: This content is strictly for informational purposes only and does not constitute investment advice. Trading in any financial market involves risk.