[Daily Analysis - 2020/05/15]
Major tokens fell slightly, among which EOS and ETH went in the opposite direction, opening a rising trend. In the 1-hour K-line, BTC all the way down in shock. The volume is stable without obvious signs of accelerated decline. The MACD index red pillars start to shrink and may rebound in the short term. At present, the trend of K-line has fallen below the long-term average. $9600 is under heavy pressure. Pay attention to $9200 below and still hold the currency and wait to rise.
ETH kept a sideways concussion. In the 1-hour k-line, MACD index fell near the zero axis. The long-term average began to level off and once it could not break through the $201 average in a large amount, there would be a callback risk in the future. Pay attention to the support around $198.
Major tokens fell slightly, among which EOS and ETH went in the opposite direction, opening a rising trend. In the 1-hour K-line, BTC all the way down in shock. The volume is stable without obvious signs of accelerated decline. The MACD index red pillars start to shrink and may rebound in the short term. At present, the trend of K-line has fallen below the long-term average. $9600 is under heavy pressure. Pay attention to $9200 below and still hold the currency and wait to rise.
ETH kept a sideways concussion. In the 1-hour k-line, MACD index fell near the zero axis. The long-term average began to level off and once it could not break through the $201 average in a large amount, there would be a callback risk in the future. Pay attention to the support around $198.
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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.