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, and how should I do?

Wed Jul 14, 2021 5:44 am

The market broke down. It declined by 4%. From 1-hour chart, the candles kept sideways on the $32,000. The MACD pushed down below the zero axis. In the short term it had resistance to the downtrend. Focus on the steady state. Pay attention to the $32,000 support. Buy Dual-currency to keep defensive on it.

The ETH pumped down. From 1-hour chart, the candles continue to fall. The MACD pushed down below the zero axis. The trend kept the shorts. In the short term it sped up going down. Don’t chase it. Buy the BitOffer Dual-currency or 7-Days saving for defensive positions.

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