The market rose. Daily analysis-2020/05/27

HUOBI:BTCUSDT   Bitcoin / Tether USD

The market rose across the board with ETC leading the gains again. In the 1-hour k-line chart, BTC showed signs of bottoming on the 8700 line and has repeatedly stepped back to stabilize the $8700 position. The moving average has begun to bond and even. The competition between both sides is tending to ease. The MACD is below zero. Pay attention to the pressure of the $9000 integer mark above, before the breakthrough is still dominated by short rallies.

ETH bottomed out in early trading and rebounded quickly after breaking below the $198 support. In the 1-hour level trend, there was a sign of bottom divergence. Pay attention to the rebound pressure at the $204 position in the short term. The current moving average is dead and the MACD is also below the zero axis, Bears dominate and beware of downside risks again.


This ALTCOIN Is About To EXPLODE HIGHER --- 4 min Video
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