$BTC $ETH Weekly Line Analysis: The monthly chart shows three consecutive bearish candles. In the last three days of this month, the closing was a small doji with a slight downward trend. The direction for next month also indicates a high probability of significant oscillation and decline. Expect a rebound first, then a decline. The weekly chart shows oscillation up and down for five weeks, with the trend still suppressed below the 5MA3000 and below MA10. If broken, the price could rise further to 3280-3430. There is still room below, so on the weekly and monthly charts, the trend is oscillating with rebounds in a bearish context.



Monthly: 3280-3430, Weekly resistance: 3000-3080-3140, Monthly support: 2560, Weekly support: 2630-2800

Trading three-step approach: No trade without signals, no trade without reasons, no trade without stop-loss.
BTC-0,29%
ETH-0,59%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)