As Bitcoin, Ethereum and Dogecoin show strength against the market, here’s a look at the weekend – Bitcoin (BTC/USD), Ethereum (ETH/USD), Dogecoin (DOGE/USD)

Bitcoin BTC/USD Dropped about 2.5% during Friday’s 24-hour trading session as the crypto continued to retrace part of the 6.8% surge that took place between Monday and Tuesday.

ether ETH/USD followed suit, falling by about 1.5% Dogecoins DOGE/USDwhich has more closely followed Bitcoin’s direction over the week, traded down about 2.6%.

The decline in the crypto sector comes with this S&P500which had a very bearish day, falling 2.8%.

Although the crypto sector has shown comparative strength versus the broader market over the past few weeks, price action in Bitcoin, Ethereum and Dogecoin over the weekend will be closely watched for clues as to how the broader market might behave next week.

Here’s a look at the three cryptos:

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The Bitcoin chart: Despite trading lower for a third straight 24-hour trading period, Bitcoin held above an ascending trend line Friday afternoon that has carried the crypto within an upward trend on the daily chart.

Bitcoin’s recent higher high was printed at $20,479.93 on Tuesday, and its recent higher low was formed at $18,923.81 on Oct. 2. If bitcoin breaks below the lower ascending trend line, bullish traders will want the crypto to form a bullish reversal candle above that higher low, otherwise the uptrend will be negated.

Bitcoin has resistance at the top at $19,915 and $21,313.41 and support at the bottom at $17,580 and $16,000.

The Ethereum chart: Unlike Bitcoin, Ethereum has been trading in a sideways pattern since Sept. 18 when the cryptocurrency lost support at $1,400 and with low volatility. On Friday, as Ethereum tumbled lower, the crypto held above support at the eight-day exponential moving average, which bodes well for the bulls.

Overall, Ethereum trading volume has declined since September 18th. This suggests that the cryptocurrency is in either a consolidation or distribution phase and traders and investors can watch for either major bearish volume or major bullish volume to eventually come in and Ethereum to break up or down from the sideways pattern to see the indicate future direction.

Ethereum has resistance at the top at $1,421.80 and $1,717.41 and support at the bottom at $1,245 and $1,081.

The Dogecoin chart: Like Bitcoin, Dogecoin has been trading in an uptrend since September 19, with recent higher highs formed on Wednesday and Thursday at $0.0668 and recent higher lows printed on October 2nd and 3rd at $0.0588 became.

As Dogecoin has formed its recent higher high and higher low for four consecutive days, a double bottom and double top pattern have formed on the crypto chart. Bullish traders will want to see Dogecoin shoot above the recent higher high in the coming days to indicate that the uptrend is set to continue.

Bearish traders will want to see the stock break below the recent lower high or see the crypto rally and form a triple top pattern at $0.0668.

Dogecoin has resistance above $0.065 and $0.075 and support below $0.057 and 5 cents.

Also Read: Bitcoin, Ethereum and Dogecoin Drop as Binance Smart Chain Halts: Analyst Says ‘Only a Matter of Time Before We See Brief Liquidations’

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