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

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What is the Bitcoin trend now? Does the BTC go up or down?

Wed Jul 07, 2021 11:14 am

The market went up. Most of the currency soared up. The BTC started to rush the $35,000. From 1-hour chart, the candles had a W-shape resistance. In the short term the trend stopped to increase. The MACD pulled back above the zero axis. The short term moving average went up. The longs had a callback. Pay attention to do the longs. HODL on above the $34,000. Increase the position when it breaks the $35,000.


The ETH increased. From 1-hour chart, the candles broke the 2400 resistance. The moving average kept the longs. The trend had expectation to go up. The MACD pulled back above the zero axis. HODL on above the 2300. Increase the position when it goes down.


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CryptoStar19
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 98
Joined: Fri Jun 11, 2021 3:47 pm

Re: What is the Bitcoin trend now? Does the BTC go up or down?

Wed Jul 07, 2021 3:04 pm

BTC has been range-bound for many weeks now. A break above 37k or bellow 30k would be a break from recent ranges.

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