BitOfferEN

The market pullback. Daily analysis-2020/05/08 2rd

HTX:BTCUSDT   Bitcoin / Tether USD
The market pullback as bitcoin was impeded after attacking above the $10,000 and then fell back again. The volume has increased during the callback on the 1-hour line but the rise is not that much. The long-term average line is still moving up which means longs still stay strong. MACD appeared dead cross and an adjustment is required. Hold the coin if not break the $9600

The cashability of ETH become weaker recently, the pullback is relatively fast and above bottom $210 fluctuated sideways. The average line opened and the uptrend is relatively slow, which indicates that longs become conservative. Focus on the support $210 and hold the money if not break.

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.