Weekly Analyze of Crypto Investing in June, 2022
This week, the crypto market was in rounding top pattern.
BTCUSDT
Under the divergence of weekly volume and price, BTC did not break a new low and continued to rebound slightly. Once again blocked by MA120, the second band of the daily line is smaller than the last one, and the amount of energy is weakened synchronously. The end of the triangle convergence is close to the direction selection, and the key bits are 29200 and 31300. The support range is 28000-28700, and the pressure range is 31600-32200.
ETHUSDT
ETH's weekly line fluctuated within a narrow range around MA120, and there was a gap rebound trend. The box in the low point area of the front band of the daily line is organized, and the second convergence in the descending channel is to be broken. The support range is 1550-1600, and the pressure range is 1900-2000.
The Grid and Martin strategy are suggested for spot market, and the SMT strategy for futures market.
(For reference only, plz invest rationally)
BTCUSDTUnder the divergence of weekly volume and price, BTC did not break a new low and continued to rebound slightly. Once again blocked by MA120, the second band of the daily line is smaller than the last one, and the amount of energy is weakened synchronously. The end of the triangle convergence is close to the direction selection, and the key bits are 29200 and 31300. The support range is 28000-28700, and the pressure range is 31600-32200.
ETHUSDTETH's weekly line fluctuated within a narrow range around MA120, and there was a gap rebound trend. The box in the low point area of the front band of the daily line is organized, and the second convergence in the descending channel is to be broken. The support range is 1550-1600, and the pressure range is 1900-2000.
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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