On the 13th US session, BTC surged strongly to touch 73870, encountered resistance and pulled back to Saturday's low of 70256; Sunday saw a gradual climb, and early this morning pierced through 73000 in one move;
From the hourly chart perspective, the middle band relies on coin price moving upward, currently holding the floor near 71800; the lower band support has risen to 71000.
On the volume side, bulls are cooling short-term, avoid going long at high levels.
Both the 2-hour and 4-hour moving averages show bullish arrangement, Bollinger Bands' three tracks extending upward, with layered support below at 72000--71500--71000;
Daily chart shows good bullish structure, expect minor pullback to touch lower support before pulling back again.
BTC Suggestions:
Go long near 71500, add positions near 71000, target 72500--73000;
ETH Suggestions:
Go long near 2140, add positions near 2110, target 2180--2200. #加密市场上涨
3.16 Morning Bitcoin Brief Analysis: Pullback Holds Above 70000, Third Attack Initiated!
On the 13th US session, BTC surged strongly to touch 73870, encountered resistance and pulled back to Saturday's low of 70256; Sunday saw a gradual climb, and early this morning pierced through 73000 in one move;
From the hourly chart perspective, the middle band relies on coin price moving upward, currently holding the floor near 71800; the lower band support has risen to 71000.
On the volume side, bulls are cooling short-term, avoid going long at high levels.
Both the 2-hour and 4-hour moving averages show bullish arrangement, Bollinger Bands' three tracks extending upward, with layered support below at 72000--71500--71000;
Daily chart shows good bullish structure, expect minor pullback to touch lower support before pulling back again.
BTC Suggestions:
Go long near 71500, add positions near 71000, target 72500--73000;
ETH Suggestions:
Go long near 2140, add positions near 2110, target 2180--2200.
#加密市场上涨