BitOffer Bitcoin Market Analysis Update 2020/04/20

105
The market remained a shock and fell back. The Bitcoin market kept running above the level of $7,100. And in the 1-hours chart, it remained a sideways from $7,000 to $7,200 as the MACD presented a narrow run around the zero axis. We should be careful that a dead cross may show up due to the adjustment with a low volume, it may cause the market to plunge. Focus on the support at $7,000 and the pressure at $7,200. In the short-term market, short while each high position within the BOLL band is available.

ETH has broken the level of $182 and started falling down. A dead cross has shown up in the MACD of the 1-hour chart, focus on the support at $179 and the pressure at $185. Watch out for the plunge while the market adjusts with a low volume.

Some bad news of Binance Options: medium.com/@SorosLamfer/the-king-of-copy-binance-cheated-again-52a7c971cbf7

Register and Get 50 USDT Bonus: bitoffer.com

Join our group: t.me/bitofferen

#Cryptocurrency #BTC #BTCUSD #ETH #ETHUSD

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.