December 2nd Market Analysis from LBank Derivatives
BTC
So far we have seen a rejection around the $17k level. BTC broke above $16500 which is now the support. Any dip here is a buying opportunity with a Stop Loss below $15880.
Resistance level to watch out for: $17.4k
Support level to watch out for: $15.8k
ETH
The Setup is still Bullish, Ethereum (ETH/USD) is already crossed the resistance at $1270 and the price is now stable at around $1270- $1290 waiting for breaking above.
Resistance level to watch out for: $1300
Support level to watch out for: $1260
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