The market remained a weak adjustment as BTC fell back to the level of $6,850 after it failed at attacking the pressure at $7,000 since the volume was low. A dead cross showed up in the MACD of the 1-hour chart, which means an adjustment is required. Focus on the pressure at $7,000 and the support at $6,800. If it breaks the pressure at $7,000 and stands on it, long while each low level would be available. If it drops below the support at $6,800, then short while each high position.
ETH failed at attacking the pressure at $160, and dropped back to the support at $156. A dead cross above the zero axis showed up in the MACD of the 1-hour chart, adjustment started also. The market is likely to attack the pressure at $160 again. Before the result of the battle between the longs and shorts comes out, continue buying low and selling high in the range from $156 to $160 is available.
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#Cryptocurrency #BTC #BTCUSD #ETH #ETHUSD
ETH failed at attacking the pressure at $160, and dropped back to the support at $156. A dead cross above the zero axis showed up in the MACD of the 1-hour chart, adjustment started also. The market is likely to attack the pressure at $160 again. Before the result of the battle between the longs and shorts comes out, continue buying low and selling high in the range from $156 to $160 is available.
Register and Get 50 USDT Bonus: bitoffer.com
Join our group: t.me/bitofferen
#Cryptocurrency #BTC #BTCUSD #ETH #ETHUSD
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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.