btc3017

btc3017

As you can see in this chart, the weekly candlestick for Bitcoin indicates a long-term support level at the centerline of the Bollinger Bands, currently hovering around 29,000 USD. A second significant support level providing strong support lies at 25,000 USD. Bitcoin is expected to experience oscillations within the range of 25,000 - 45,000 USD, with the...

btc3017

Deutsche Bank Survey Shows BTC Hitting $100K A recent study by Deutsche Bank revealed that approximately 25 percent of BTC investors predict the cryptocurrency’s price would surpass $100,000 in five years. McGlone also evaluated the recent shift in opinion on the largest cryptocurrency in the world. He was questioned why it become a riskier asset after behaving...

btc3017

Recently, ETH fluctuated on vegas144/169, and the trend is triangular. The estimated price will rise to 1656. Subsequent trading actions are waiting for obvious market signals.

btc3017

Recently, BTC fluctuated after breaking through the downlink channel, and BTC was resisted by Vegas144/169. It can be seen that neither MACD nor Stoch has a clear price trend signal at present. It is estimated that BTC will test the resistance level of 22644 again and then continue to fluctuate.

btc3017

As can be seen in the chart, both Stoch and MACD point out that ETH is on the rise in the short term, and EMA144/169 supports the view of short-term price increases. It should be noted that if ETH breaks through the trend line, traders can consider shorting.

btc3017

At present, the price of BTC fluctuates in the downward channel. Overall, BTC is a slowly rising adjustment stage, and BTC can be seen will be supported in Stoch. The death cross in MACD is about to break through the central axis. The estimated price breaks the support line and pulls back. Traders continue to pay attention to the short position.

btc3017

ETH has recently suffered strong resistance above 1716 and has been unable to break through for a long time, proving that ETH's market bear energy is strong. From MACD, it can be seen that the current short energy is strong, and it is estimated that the price will fall to 1551 in the next day.

btc3017

After BTC received strong resistance to 24280, the price fell, and MACD is now in a state of death cross. Stoch's chart indicates that BTC will pull back in the next few days and the price will rise slightly. Vegas tunnel will be the dividing line between long and short markets, and the estimated price will fall to 22468 in the short term.

btc3017

In the chart, we can see that ETH has suffered strong resistance from 1716, which has been deadlocked for three days in the position of 1716. From the strong resistance, we can tell that the energy of the shorts above is very strong, so I think the price of ETH will fall to the support level of 1641 in the next two days. At present, the market long and short...

btc3017

Recently, BTC has encountered strong resistance at 24280. Now BTC is the downward adjustment stage. From Stoch, it can be seen that the price will rise briefly in the next one to two days, and then it is expected to fall to the position of Fib Retracement0.618. Overall, BTC is still in a long trend.

btc3017

The price of ETH has broken through the important resistance line and has now reached the position of 1720. From Stoch, it can be seen that ETH will usher in a downward correction in a few days. The overall trend is still long. Investors can consider making a small transaction in this price position.

btc3017

BTC is close to the important resistance line 24300, and it can be seen that the short energy of BTC has been significantly reduced. Overall, BTC is a long trend. I think BTC has a chance to break 24300. What traders need to observe is whether BTC can effectively break through the resistance line. If the subsequent breakthrough is effective, the price has a chance...

btc3017

Yesterday, ETH and BTC also received the impact of interest rate hikes, causing prices to soar. At present, ETH can be seen returning to the strong resistance line. On MACD, we can see signs of imminent death cross. In the short term, ETH can't break through the strong resistance line, but we can observe the trend of ETH in the past few hours.

btc3017

BTC received the impact of interest rate hikes. Yesterday, the price soared and broke through the downward channel, because the market bull energy was too strong and was in the stage of overbought. In the short term, the bullish energy will continue, and the price will retreat near the resistance line. We will wait for the price to withdraw and go short.

btc3017

The price of ETH has received strong support in the line segment of Fib Retracement0.382. It is expected that the price of ETH will rise in the next day or two, and it is expected to reach the resistance line of 1550. You can consider long in the short term. In the long run, it is still waiting for ETH to return to the strong resistance line position before shorting.

btc3017

BTC continues to run in the channel. At present, there is still a lot of short energy in the market, and the price runs down steadily. If you encounter a slight increase, you don't have to panic. This is just a normal adjustment. At present, there is no signal of trend reversal, and it continues to be bearish.

btc3017

The ETH price has broken through the box, and a strong short trend can be seen on MACD, and the opening of Bullinger brand shows a diffusion trend. The combination of the two shows that ETH is a short trend in the medium term, and Stoch breaks 20 in the short term, indicating that there will be a small increase, and the overall trend of short.

btc3017

The BTC short trend has been determined. The price has penetrated the Vegas tunnel with strong energy and the death cross on MACD has penetrated the central axis. Now the short energy is very strong, and the price is expected to fall to 19200, and the overall market short energy is very sufficient.