The market pullback collective. Daily analysis-2020/05/20
[ Daily analysis -2020/05/20 ]
The market pullback collective since BTC been attacked by the shorts when rushing the $10,000 mark, and the significant fluctuation showed up among the market. In the 4-hour line chat, BTC rose fast to the $9800 and been hit by the shorts with huge undulation, but it didn't affect the K-line trend much. Both sides begin the seesaw battle in the short-term at the high point, hold the currency and wait for rise if not break the $9600.
ETH pullback again. MACD index showed signs of the golden cross on the 4-hour line with severe turbulence, but the K trend still ends up with a positive line. The longs will take the lead in the short term but should be aware of the risk at the high point. Focus on the support $210, hold the currency if not breaking.
The market pullback collective since BTC been attacked by the shorts when rushing the $10,000 mark, and the significant fluctuation showed up among the market. In the 4-hour line chat, BTC rose fast to the $9800 and been hit by the shorts with huge undulation, but it didn't affect the K-line trend much. Both sides begin the seesaw battle in the short-term at the high point, hold the currency and wait for rise if not break the $9600.
ETH pullback again. MACD index showed signs of the golden cross on the 4-hour line with severe turbulence, but the K trend still ends up with a positive line. The longs will take the lead in the short term but should be aware of the risk at the high point. Focus on the support $210, hold the currency if not breaking.
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