The following are machine translations:
In the 4-hour chart, after falling below the 1700 support, it fell all the way, and then stopped falling and rebounded near 1000. Today, it was blocked and fell near the former resistance of 1260. Pay attention to the risk of stepping back.
The energy column of the indicator macd is still above the zero axis, and it has not turned weak yet, and is still rebounding. The RSI indicator is more sensitive, and there has been a downward trend in the bearish range, which is bearish.
Summary: The pattern is blocked and falls, and there is a high probability that it will step back to around 1000. Pay attention to the risk of stepping back, and the rebound of the downtrend may end.
In the 4-hour chart, after falling below the 1700 support, it fell all the way, and then stopped falling and rebounded near 1000. Today, it was blocked and fell near the former resistance of 1260. Pay attention to the risk of stepping back.
The energy column of the indicator macd is still above the zero axis, and it has not turned weak yet, and is still rebounding. The RSI indicator is more sensitive, and there has been a downward trend in the bearish range, which is bearish.
Summary: The pattern is blocked and falls, and there is a high probability that it will step back to around 1000. Pay attention to the risk of stepping back, and the rebound of the downtrend may end.
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📈📉 Join our analysis channel，加入我们的频道：👇
t.me/CryptoObservation
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☯️ 我们目前提供更高准确度的交易指引，请加入我们的电报社区后和管理员联系。☯️
t.me/CryptoObservation
📈📉 我们的中文电报社区：👇
t.me/CryptoMiningCN
☯️ 我们目前提供更高准确度的交易指引，请加入我们的电报社区后和管理员联系。☯️
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.