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

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With the upcoming BTC uptrend on the May 11 morning, how do I make an investment in Bitcoin?

Tue May 11, 2021 8:41 am

The market pushed down. It declined more than 10%. The BTC stepped back the $53,000. From 4-hour chart, the candles broke down the MA60 moving average. The MACD went back below the zero axis. It had resistance to the shorts. The moving average pushed down. Focus on the callback. Buy it at dips above the $54,000. Focus on the $57,000 resistance.

The ETH went down. From 4-hour chart, the candles broke the 4200. The candles went down. In the short term it stepped back the MA30 moving average and kept steady. It had resistance to the shorts. The uptrend had expectation to get the tops. But it would have a callback. Buy it at dips. Buy ETH above the 3700. Let it out when it breaks down.

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