BitOfferEN

Daily analysis-2020/05/28

HTX:BTCUSDT   Bitcoin / Tether USD


The market showed both up and down trends in early trading, and major tokens called back after a rebound. BTC still led the rise strongly. In the 1-hour trend, the volume increased and exceeded the $9000 barrier, and the backstepping did not break the $9000 support which indicates that the bulls’ offense is clear and the subsequent market is positive. However, the MACD has a high stagflation above the zero axis and there will be adjustments in the short term, Take the position around the $9000 and focus on the $9300 rebound pressure.

ETH rushed higher in early trading and fell back in the 1-hour level k-line chart, out of the v-shaped bottom reversal pattern, and the short-term bulls strength performance is positive. At present, the MACD index shows a divergence above the zero axis, and there is a demand for callbacks later. Make a bargain absorption around $204.

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.