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

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Does the Bitcoin market go up or down?

Wed May 26, 2021 12:35 pm

The market pulled back. It kept the uptrend to the longs. The increasing rate was more than 10%. The BTC broke the $40,000. From 1-hour chart, the MACD went up above the zero axis. The moving average increased. The candles broke the resistance. In the short term it kept the uptrend to the longs. Pay attention to buy it at dips. HODL on above the $38,000. Let it out when it breaks out. Focus on the $42,000 resistance.

The ETH had a callback. From 1-hour chart, the candles had a new high resistance. The moving average increased. The MACD pulled back above the zero axis. It kept the uptrend to the longs. The uptrend departed sharply. Pay attention to reduce the position. HODL on above the 2600. Stop the profits on 3000.

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