Bitcoin market analysis weekly level:
In the weekly Bitcoin market, we see that the high point of the weekly rising pin is close to the resistance line of the rising channel. Although the entity has not been able to rise as expected, there is still hope that it will rise to break the resistance line of the upper channel. The market is now moving between the upper and middle lines of the Bollinger Bands. With strong upward momentum, the subsequent upward trend of the market is still relatively strong.
Bitcoin market analysis daily level:
Bitcoin daily market, we see that the daily market is moving inside a box. The market tested the resistance level above the pin box yesterday and Sunday, but failed to break the resistance level above it as expected, and the market returned. Descending slowly. It may drop to the purple rising trend line below, and then rebound and rise again to try to break the resistance level above.
BTC market analysis one-hour level:
Bitcoin's one-hour market, the one-hour market's highs on the two days over the weekend were all testing the upper resistance level, but it was not able to break through the resistance and rise as expected. After the market's rise is blocked, it begins to fall and pull back. It may fall back to the purple trend line below and then continue to rise. Then we can lay out a short-term layout of low and long rises at the lower trend line. It may also start to rise from the current position and break through the resistance level above. If so, we will see if there is a breakthrough after the market rises to the resistance level. If so, we will start to make a long move.
ETH market analysis one-hour level:
Ethereum's one-hour market price fell below the support level, and the entity once again reached the low point of the previous falling entity. Now that the market has reached this point, it has begun to rise again. Our direct entry layout rises to the blue resistance level above. The blue resistance level is the high point of the weekend market and cannot be broken. If the market rises to the blue resistance level and still has momentum to continue rising and breaks the upper resistance level, then wait until the market continues to rise to the yellow resistance level above and then take profit.
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