The market fell back after an increase as the BTC market failed at attacking the $7,000 mark. A divergence has shown up in the 30-mins chart of the BTC market, which means the adjustment is required. However, the MACD of the 4-hours chart remained bullish, if the support at $6,400 can be held, BTC is still likely to attack the pressure at $7,000 again. As we analyzed several hours ago, after the level of $6,000 was broken, each dip should be the buy-in point. We should focus on the support at $6,400, if it can be held, just hold it.
ETH surged after the level of $140 was broken, and divergence has also shown up in the 30-mins chart. Even it is expected to fall back by a little, but in the short-term market, longs is still strong. So, the divergence is likely to be fixed and arrange another boost again. The short-term support is located at $136. Buying in when dips is available while the current support can be held.
#BTC #BTCUSD #Cryptocurrency
ETH surged after the level of $140 was broken, and divergence has also shown up in the 30-mins chart. Even it is expected to fall back by a little, but in the short-term market, longs is still strong. So, the divergence is likely to be fixed and arrange another boost again. The short-term support is located at $136. Buying in when dips is available while the current support can be held.
#BTC #BTCUSD #Cryptocurrency
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.