Teh
Continuous golden crosses, the longs took the leadThe market punched down since most major tokens started presenting reds. The performance of BTC was good as the longs took the lead. In the 1-hour chart, the market released the volume and broke through the resistance at $9,200, even once attacked the level of $9,400.
But the continuous rising caused the market to be tired, and a hunkering is awaiting to start. The MACD presented several golden crosses above the zero axis while the moving averages are climbing gradually, which means that the longs is strong. In the next few hours, "HODL it" if the market can be held above the $9,200, and focus on the resistance at $9,400.
ETH attacked the level of $201 again and fell back sharply. From the movement of the 1-hour chart, the MACD indicated that the short-term increase was weakened, and an adjustment is required. But the longs is still the main force, the adjustment should be limited. Focus on the support at $196, buying-in when dips.
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