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

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How can investors treat on the market uptrend and downtrend on Bitcoin from the BitOffer News?

Tue Jun 01, 2021 5:58 am

The market pushed down. Most of the main strain currency turned from green to red. The BTC rushed to the $38,000 and had a resistance. From 4-hour chart, the MACD pushed down below the zero axis. It started to get cross above the zero axis. The candles had a callback and broke to the long-term moving average. In the short term the moving average went up. The longs started to have a weakness. Pay attention to buy it at dips on $36,000. Stop the profits on $40,000.

The ETH kept strong. From 4-hour chart, the MACD stepped back above the zero axis. The candles kept steady on the long-term moving average. The market and the moving average kept the longs. It had uptrend to increase. Pay attention to do the longs. Buy 2500 at dips and stop the profits on 3000.

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