Weekly Analyze of Crypto Investing in June, 2022
Date: Jun 20, 2022 - Jun 24, 2022
This week, the crypto market has experienced an oversold rebound after an accelerated fall and panic selling.
BTC took advantage of the trend to break the $20,000 mark on the weekly line and then recovered again. The daily yin and yang columns alternated and fluctuated higher. At present, bulls have the advantage. Pay attention to whether there is a breakthrough in the consolidation zone on the left consolidation area, which is more critical to the construction of the subsequent structure. The support range is 18500–19500, and the pressure range is 22500–23500.
ETH recovered nearly 50% of its weekly decline, the volume was launched out and there were pin bars on the markets. After the yin, there is an expectation of closing the yang, but there is still an inertial fall in the trend. The daily line was reversed twice by the Yang column, and the structure was consolidated at a low level. The key level is 1050, the support range is 900–1000, and the pressure range is 1250–1400.
Vtrading is a crypto trading platform providing smart coin trading strategies for every trader. If you are using Vtrading smart crypto trading bots, the Grid and Martin strategy are suggested for spot market, and the SMT strategy for futures market.
(For reference only, plz invest rationally)
This week, the crypto market has experienced an oversold rebound after an accelerated fall and panic selling.
BTC took advantage of the trend to break the $20,000 mark on the weekly line and then recovered again. The daily yin and yang columns alternated and fluctuated higher. At present, bulls have the advantage. Pay attention to whether there is a breakthrough in the consolidation zone on the left consolidation area, which is more critical to the construction of the subsequent structure. The support range is 18500–19500, and the pressure range is 22500–23500.
ETH recovered nearly 50% of its weekly decline, the volume was launched out and there were pin bars on the markets. After the yin, there is an expectation of closing the yang, but there is still an inertial fall in the trend. The daily line was reversed twice by the Yang column, and the structure was consolidated at a low level. The key level is 1050, the support range is 900–1000, and the pressure range is 1250–1400.
Vtrading is a crypto trading platform providing smart coin trading strategies for every trader. If you are using Vtrading smart crypto trading bots, the Grid and Martin strategy are suggested for spot market, and the SMT strategy for futures market.
(For reference only, plz invest rationally)
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