The market boosted as the Bitcoin market successfully broke the resistance at $7,600 with a high volume, which means the longs takes the lead. From the movement of the 1-hour chart, the moving averages are all climbing. A golden cross showed up in the MACD, which indicated that the longs were much stronger also. Focus on the current resistance at $7,800.
ETH stopped at a level near $198, failed at attacking a recent new high. In the 1-hour chart, the moving averages are bullish as a golden cross shows up in the MACD. The longs take the lead but the volume was low. Thus, chasing is not allowed. Long while each low position and focus on the resistance at $200.
Binance Options Copied from BitOffer:medium.com/@SorosLamfer/the-king-of-copy-binance-cheated-again-52a7c971cbf7
Register and Get 50 USDT Bonus: bitoffer.com
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#Cryptocurrency #BTC #BTCUSD #ETH #ETHUSD
ETH stopped at a level near $198, failed at attacking a recent new high. In the 1-hour chart, the moving averages are bullish as a golden cross shows up in the MACD. The longs take the lead but the volume was low. Thus, chasing is not allowed. Long while each low position and focus on the resistance at $200.
Binance Options Copied from BitOffer:medium.com/@SorosLamfer/the-king-of-copy-binance-cheated-again-52a7c971cbf7
Register and Get 50 USDT Bonus: bitoffer.com
Join our group: t.me/bitofferen
#Cryptocurrency #BTC #BTCUSD #ETH #ETHUSD
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.