Bitcoin chart analysisThis week, we see indecisive movement in the price of Bitcoin. One day we go up another day we go down, and so on until today. After forming a high of $43,800 on Wednesday evening, we see a pullback on Thursday and a drop to the $42,200 level on Friday morning. Then, the price gets the desired support and recovers to the $42800 level. Based on the previous movement of the day, we expect to see a bullish trend and a recovery in the price of Bitcoin. Potential higher targets are $43000 and $43200 levels.We will have a possible higher resistance to this option in the EMA50 moving average around the $43000 level. We need a negative consolidation and pullback below the $42200 support level for a bearish option. With a fall below, the chances of a new low increase, and thus, we get a confirmation of the bearish trend. Potential lower targets are $42000 and $41800 levels. Ethereum chart analysisThe price of Ethereum is retreating after yesterday’s jump to $2447. Early this morning, we saw a drop to the $2320 level. We managed to get the required support and recover to the $2370 level. Based on this short-term bullish consolidation, we expect to see continued growth to the bullish side. Potential higher targets are $2380 and $2400 levels.We need a pullback to the $2320 support level for a bearish option. A drop below would push us to $2300, and there, we would test the EMA50 moving average. The lack of support would lead to a further pullback in the price of Ethereum, and the potential lower targets are the $2280 and $2260 levels. More By This Author:Cryptocurrency Predictions 2024: What Experts ForeseeThe Sterling’s Remarkable Rise: Reaching A Five-Month HighNavigating The US Dollar’s Roller Coaster