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June 20th $BTC Market Analysis: Friends, have a happy holiday. Yesterday, Bitcoin reached 636 and retraced, and Ethereum also hit 1715 and retraced again, so the market is now quite clear.
It's just a matter of looking at the smaller timeframes and choosing the support and resistance levels at 636 and 1715.
After successfully moving up, Bitcoin saw resistance at 648 and 655, and retraced at those levels. After Ethereum successfully moved above 1715, it retraced at the 1760-1775 range.
As for whether to chase long positions on the right side, it depends on your own judgment. For safety, just place a retracement short order on the left side. The above are all key levels.