BitOffer Bitcoin Market Analysis on 2020/04/23

The market boosted and fell back, all the major tokens turned the green numbers to the reds. The Bitcoin market failed at attacking $7,200. From the movement of the 1-hour chart, the volume while the attack to the level of $7,200 was low, so it should be defined as a temptation. In addition, a dead cross has shown up in the MACD of the 1-hour chart, then fell back to start an adjustment. The MACD still ran above the zero axis since the longs still won. Focus on the resistance at $7,200 and its volume when the market tries to break. if the market can be held above the support at $7,000, just HODL it.

The ETH market failed at challenging the level of $190, then dropped sharply to $178. In the 1-hour chart, after the divergence, the MACD rose back then presented a dead cross above the zero axis. The red pillars contracted again. After the divergence, the market is likely to attack the resistance again. Focus on the pressure at around $190.

Binance Options Copied from BitOffer:medium.com/@SorosLamfer/the-king-of-copy-binance-cheated-again-52a7c971cbf7

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