The market fell back by a few as the ETC market owned the most significant callback. While the callbacks happened, the BTC market still stood above the level of $7,600. In the 1-hour chart, the moving averages presented a bullish trend since a golden cross was about to show up again in the MACD. While each callback happened, the BTC market was pulled back every time, which can be seen that the longs really takes the lead now. Focus on the resistance at $7,800, HODL if the support at $7,600 can be held.
In the 1-hour chart of the ETH market, continuous callbacks and dead cross showed up. However, when the market fell back, the volume was low, plus the MACD still ran above the zero axis, it only means that it was a bullish adjustment during the process of boosting. The longs is still the main force. Focus on the support at $193.
Binance Options Copied from BitOffer:medium.com/@SorosLamfer/the-king-of-copy-binance-cheated-again-52a7c971cbf7
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#Cryptocurrency #BTC #BTCUSD #ETH #ETHUSD
In the 1-hour chart of the ETH market, continuous callbacks and dead cross showed up. However, when the market fell back, the volume was low, plus the MACD still ran above the zero axis, it only means that it was a bullish adjustment during the process of boosting. The longs is still the main force. Focus on the support at $193.
Binance Options Copied from BitOffer: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
#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.