The market boosted and fell back as the BTC once attacked the pressure at $6,800, but then fell back sharply. Even then, the 4-hours chart of the BTC market became stronger, and the pressure is still located at $6,800 and presented a rising triangle. As the time goes, the turning point will come soon. But the volume was not that perfect, it was important to the market can break the pressure at $6,800 or not. If the volume keeps low, the rebound would not last for long. So, when we focus on the pressure at $6,800, we should also pay attention the the change of the volume.
ETH also remained shocked at a high position and ran as we expected: after the short-term market broke the level of $137.5, it did surge, but then fell back significantly. The current MACD of the daily chart presented a golden cross, but it is weak. Thus, the rebound space is limited. In the short-term, hold your positions while the support at $137.5 can be held.
#BTC #BTCUSD #ETH #ETHUSD #Cryptocurrency
ETH also remained shocked at a high position and ran as we expected: after the short-term market broke the level of $137.5, it did surge, but then fell back significantly. The current MACD of the daily chart presented a golden cross, but it is weak. Thus, the rebound space is limited. In the short-term, hold your positions while the support at $137.5 can be held.
#BTC #BTCUSD #ETH #ETHUSD #Cryptocurrency
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.