3.18 Wednesday Intraday Analysis
Prices have fallen back from previous highs, with upward momentum clearly weakening. The MACD lines are converging at high levels, and the red histogram bars are nearly gone. The bullish strength continues to diminish. The KDJ indicator has formed a death cross pointing downward, indicating that short-term bears are in control.
Personal advice, for reference only (strictly set stop-losses)
Bitcoin near 74,800 support, buy on dips at 75,800, targets 73,000 and 71,300
Ethereum near 2,360 support, buy on dips at 2,420, targets 2,280 and 2,200
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