BitOfferEN

The volume was lower than before

HTX:BTCUSDT   Bitcoin / Tether USD
The market once boosted again, and BTC failed at attacking the $7,000 mark again. After then, it fell back soon and left a short-term divergence. Until now, it has been back to the level of $6,900. Since the market was activated, it is hard to cut the morale of the longs now. Thus, the market might keep fluctuating. For now, the MACD of the 1-hour chart and 4-hours chart are still bullish, if the adjustment cannot bring the market to break the level of $6,800, the market is likely to surge again, and attack the $7,000 mark again. However, as the market is only one step away from the $7,000 mark. If the market cannot break it with a high volume, aggressively long is not available. Focus more on the support at $6,800.

ETH rose and fell back, and the strength was weakened than before. We have mentioned that, after a significant boost, the strength of the longs was weakened, and the rising space was limited. Now the MACD of the 1-hour chart indicated that the adjustment has not over, but the market is still strong. Focus more on the support at $142 while the adjustment, and small positions to short it if it is broken.

Register and Get 50 USDT Bonus: www.bitoffer.com
Join my group: t.me/bitofferen


#Cryptocurrency #BTC #BTCUSD #ETH #ETHUSD

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.