The major tokens rebounded slightly.Daily analysis-2020.05.12 2d
The major tokens rebounded slightly, and the BSV remained strong. BTC fluctuations gradually stabilized. In the 1-hour k-line chart, the long-term moving average turned downwards, which indicates that the shorts began to strengthen in the short-term, the MACD index contracted below the zero axis, and there was a rebound demand later. The market is imminent, but the amount of rebound can not be enough at present, pay attention to the pressure $9000 above.
The ETH rebound performed well. In the 4-hour trend, the MACD index showed a golden cross below the zero axis, which means a rebound is expected in the short-term, and the K-line received a long shadow. The bulls resisted intensely. Follow up the pressure near $194 above.
The ETH rebound performed well. In the 4-hour trend, the MACD index showed a golden cross below the zero axis, which means a rebound is expected in the short-term, and the K-line received a long shadow. The bulls resisted intensely. Follow up the pressure near $194 above.