Mikemiky001
Bronze Bitcoiner
Bronze Bitcoiner
Posts: 316
Joined: Mon May 10, 2021 8:14 am

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What is the Bitcoin trend market on August 3rd, and how can I make profits on it?

Tue Aug 03, 2021 5:43 am

The market went down. The LINK increased more than 5%. The BTC stepped back and touched the $38,500. From 4-hour chart, the candles went to the MA60 moving average. In the short term it kept steady and had a callback. The MACD went cross to the zero axis. The longs started to have a callback. Pay attention to buy dips. Focus on the $38,500 support. Buy BTC3X dips.

The ETH quickly pushed down. From 4-hour chart, the MACD pushed down above the zero axis. The candles broke the short term moving average. The trend had a callback. The indicator volume increased. It had resistance to the shorts. The long-term moving average kept the longs. Pay attention to buy the longs. Focus on the 2500 support. Buy ETH3X dips.

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