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

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What is the Bitcoin trend on the BitOffer report on August 16th?

Mon Aug 16, 2021 12:26 pm

The market kept strong. The SOL3X increased by 80%. The BTC kept sideways on $47,000. From 4-hour chart, the trend went up. The candles didn’t break out on the short term moving average. In had weakness to make adjustment in the short term. The MACD pushed down above the zero axis. It had expectation to rush up. Focus on the $47,000 support. Buy BTC3X dips.

The ETH went down. From 4-hour chart, the candles had a callback after pulling back. The MACD pushed down above the zero axis. In the short term it gradually went up. The longs had expectation to keep steady. It had expectation to pull back. Focus on the 3250 support. Buy ETH3X dips.


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