The whole market plunged as the volume remained low and bad news came out. The BTC market once broke the $6,000 mark. The chief analyst of BitOffer has said that the 1-hour chart would turn as the falling triangle showed up, and as the MACD ran into the zero axis, which means that an adjustment is required but still hovered from $6,000 to $6,400. We should focus more on the support at $6,000, once it cannot be held, the BTC market would challenge the support at $5,600.
The movement of ETH is weak. As the volume while rebound was low, long was not available. As it has broken the support at $130, we should be careful that it keeps falling. Whether the long-term market or short-term market, the MACD is weak. Focus more on the pressure at $130.
#BTC #BTCUSD #ETH #ETHUSD #Cryptocurrency
The movement of ETH is weak. As the volume while rebound was low, long was not available. As it has broken the support at $130, we should be careful that it keeps falling. Whether the long-term market or short-term market, the MACD is weak. Focus more on the pressure at $130.
#BTC #BTCUSD #ETH #ETHUSD #Cryptocurrency
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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.