The market continued adjusting as all the major tokens plunged by more. BTC has broken the support at $6,250, and it has triggered the short signal. A dead cross has shown up in the MACD of the 4-hours chart. We have mentioned that once the dead cross showed up, it means the market would test the support at $6,000, which is also the MA20. Including the movement of the 30-mins and 1-hour chart, the adjustment is still ongoing. The shorts led the market.Focus more on the support at $6,000. If it can be held, small positions to buy low and sell high is available.
ETH ran as the same. The MACD of the 30-mins and 1-hour chart is weakened. We should also be careful that a dead cross shows up in the 4-hours chart. And it has broken the support at 131, and it seems that the stop-fall signal has not shown up yet. Short it and focus on the support at $128, which is also the MA20 is at.
#Cryptocurrency #BTC #BTCUSD #ETH #ETHUSD
ETH ran as the same. The MACD of the 30-mins and 1-hour chart is weakened. We should also be careful that a dead cross shows up in the 4-hours chart. And it has broken the support at 131, and it seems that the stop-fall signal has not shown up yet. Short it and focus on the support at $128, which is also the MA20 is at.
#Cryptocurrency #BTC #BTCUSD #ETH #ETHUSD
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.