The global markets are very quiet this morning. The investors and traders are waiting for US Labor market statistics. The trend is still up however US hi tech shares are very overbought. The crypto market consolidates with BTC around 11800 and ETH close to 400. CS/BTC pair`s trading range was enlarged this morning to 0.00000216/0.00000255. It`s obvious that CS/BTC pair is extremely oversold and fundamentally undervalued at current levels so the next leg will be up with the next target close to 0.00000320 and then to 0.00000388/0.00000400 resistance level. The stop-loss could be placed at 0.00000199.
