The market rebounded, and the BTC market rose back to the level of $6,850 with a low volume. The longs is weakened in the short-term and remained a shock from $6,600 to $6,850. Buy low and sell high within this range is available. A golden cross has shown up below the zero axis, since the volume was low, so the rebound was limited. The market is likely to remain shocked. After the defense at $6,800 was broken, the longs and shorts got confused. The short-term market should be led by the shorts.
ETH rose back by a few after it touched the level of $152, and now limited at the level of $157 due to the volume was not that high. The MACD is about to indicate a golden cross below the volume, which tells us the rebound is weak since the volume is low. The shorts still takes the lead. Focus on the pressure at $157 and the support at $152. Short it while each high position.
Register and Get 50 USDT Bonus: bitoffer.com
Join our group: t.me/bitofferen
#Cryptocurrency #BTC #BTCUSD #ETH #ETHUSD
ETH rose back by a few after it touched the level of $152, and now limited at the level of $157 due to the volume was not that high. The MACD is about to indicate a golden cross below the volume, which tells us the rebound is weak since the volume is low. The shorts still takes the lead. Focus on the pressure at $157 and the support at $152. Short it while each high position.
Register and Get 50 USDT Bonus: bitoffer.com
Join our group: t.me/bitofferen
#Cryptocurrency #BTC #BTCUSD #ETH #ETHUSD
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.
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.