The BTC market indicated a contracting triangle in the 1-hour chart, and continued a narrow adjustment in the range from $7,300 to $7,400. From the Volume, we can see that the volume keeps decreasing. A battle between the longs and shorts would show up at the end of the triangle. The market will make the choice of rising or falling. From the movement of the market, the MACD remained a weak adjustment above the zero axis. The longs still takes the lead. We should be patient until the market changes.
ETH presented a shock from $168 to $174, buy low and sell high is available. The shock is much sharper than other tokens. If the middle of the boll brand can be held as the support, the middle support at $168 is the buying point. At the same time, we should focus more on the above heavy pressure at $174. It the market can break this pressure with a high volume, the above rising space would be likely to be activated.
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ETH presented a shock from $168 to $174, buy low and sell high is available. The shock is much sharper than other tokens. If the middle of the boll brand can be held as the support, the middle support at $168 is the buying point. At the same time, we should focus more on the above heavy pressure at $174. It the market can break this pressure with a high volume, the above rising space would be likely to be activated.
Register and Get 50 USDT Bonus: www.bitoffer.com
Join our group: t.me/bitofferen
#Cryptocurrency #BTC #BTCUSD #ETH #ETHUSD