The whole markets jumped during the past hours, BSV Index was up 20 percent and BTC broke the high $9000 indeed, which is only one step away from 10 thousands position. MACD showed a golden cross on the daily chart with large opening and significant volume, long position still lead the head. However, divergence start occurring on the 1-hour line which indicates there’s still need a call back after the surge. Pay attention to the $8400 supporting point and take a long position at the dip.
ETH climbed at $220 then began to fell, MACD moved to dead cross and also came out with divergence apparently on the 1-hour K-line which shows the rise is disordered and request a callback. Focus on the $210 supporting area and continue to take a long position at the dip.
ETH climbed at $220 then began to fell, MACD moved to dead cross and also came out with divergence apparently on the 1-hour K-line which shows the rise is disordered and request a callback. Focus on the $210 supporting area and continue to take a long position at the dip.
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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.