The market went up after reaching the bottom, BTC still stay strong and become the only rising cryptocurrency. The long-term average line continually goes up on the 1-hour k-line, and the short-term line start bonding. The pressure area of $9400 remains unchanged and will be fluctuated around $9300 in the short-term. MACD showed a dead cross above the zero axis. Focus on the support $9100, hold the position, and wait for the bull market.
ETH break the pressure $206 but failed to maintain, K-line showed a strong rebound and started a bullish engulfing. MACD red pillars reflect shrinkage which means the rebound will show up in the short-term. Focus on the pressure $206 whether it can be broken and stay above the long-term average line as well as the lower support area of $197.
ETH break the pressure $206 but failed to maintain, K-line showed a strong rebound and started a bullish engulfing. MACD red pillars reflect shrinkage which means the rebound will show up in the short-term. Focus on the pressure $206 whether it can be broken and stay above the long-term average line as well as the lower support area of $197.
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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.