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

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Does Bitcoin still go down or pull back according to the BitOffer News?

Fri May 21, 2021 6:01 am

The market went down. The most strain currency turned green to red. The BTC had a resistance to rush the $42,000. From 4-hour chart, the candles broke the $42,000 and had a resistance on the MA30 moving average. The uptrend had a callback. The MACD pulled back below the zero axis. In the short term it declined and recovered. Pay attention to reduce the position. Buy BTC3R on $43,000. Stop it when it breaks the $44,000.

The ETH declined. From 1-hour chart, the MACD stepped back above the zero axis. The longs had a callback. It had a deep V shape. Pay attention to step back at the support. Pay attention to reduce the position. Buy it at dips when it have a callback. Do the shorts on 3000. Stop it when it breaks the 3200.

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