The market declined as the BTC market has broken the level of $7,050 again. The shorts became the main force, and the market once touched the position of $6,750, then rose back by a few. Since continuous dead crosses below the zero axis showed up in the MACD of the 1-hour chart, the shorts took the lead. In addition, when the market went down, the volume became higher. The WTI Crude price crashed caused that capitals turned to become bearish. In the short term, focus on the pressure at $6,900, and the support at $6,750.
The ETH market plunged also. In the 1-hour chart, continuous dead crosses also showed up in the MACD. And when the market plunged, the volume was high so that the market fell from $180 to $167. The change has been more than 8%. Focus on the pressure at $174, if it can not be broken and stood, short while each high position.
Some bad news of Binance Options: medium.com/@SorosLamfer/the-king-of-copy-binance-cheated-again-52a7c971cbf7
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The ETH market plunged also. In the 1-hour chart, continuous dead crosses also showed up in the MACD. And when the market plunged, the volume was high so that the market fell from $180 to $167. The change has been more than 8%. Focus on the pressure at $174, if it can not be broken and stood, short while each high position.
Some bad news of Binance Options: 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
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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.