Bitcoin
On H4, the Bitcoin is forming an ascending trend after correcting. This uptrend has reached the 61.80% Fibo; the local pullback has sent the crypto to the support at $3,858, and the next ascending trend target lies at $4,188.40. In case this high gets broken out, the price is likely to go up to reach the extension of 138.20%-161.80% Fibo, or $4,393 to $4,519.
On H1, the Bitcoin has diverged and then reached 38.20%, and may head further down to 50% ($3,864) and 61.80% ($3,819). The resistance is at $4,058.20.
Ethereum
On H4, the Ether is approaching 50% Fibo, or $144.33. The next uptrend targets may lie at 61.80%, or $149.45, and 76%, or $155.58. If a downside move occurs, the price may hit the low at $122.57, and then 76% Fibo, or $115.95.
On H1, the Ether has formed a correction downtrend that reached 76.% Fibo. The local support is meanwhile at $128.20. If the resistance at $137.71 gets hit, the price will try to reach then the local high at $143.58.
