š Market Snapshot Ā· 11-09
Data source: Binanceļ½21:41 Beijing Time
š° Bitcoin (BTC) Price: $74,670 ļ½š¬ 24h -1.69% š„¶
š» Looking a little sluggish right now. The price is getting pinned down by several moving averages, and the bears have the upper hand. Be patient if youāre looking to catch a reboundādonāt rush to catch a falling knife.
ā” Momentum: RSI 34. Momentum is lukewarm, and weāll have to wait for a surge in volume to spark a clear direction. MACD is still bearish, so donāt rush to buy the dip against the trendāwait for it to turn around first.
š Still below the middle band at $78,677, looking a bit weak. First, letās see if it can climb back above it. Donāt expect it to reach the upper band at $83,768 in one leap; for now, treat the lower band at $73,586 as a backstop.
šÆ Key levels: $84,093 to the upside, $74,670 to the downside. Keep an eye on both as guideposts.
#BTC #Bitcoin #Bitcoin
ā ļø The above is a quantitative technical analysis for reference only and does not constitute investment advice.
š° Ethereum (ETH) Price: $2,119 ļ½š¬ 24h -5.33% š„¶
š» Looking a little sluggish right now. The price is getting pinned down by several moving averages, and the bears have the upper hand. Be patient if youāre looking to catch a reboundādonāt rush to catch a falling knife.
ā” Momentum: RSI 35. Momentum is lukewarm, and weāll have to wait for a surge in volume to spark a clear direction. MACD is still bearish, so donāt rush to buy the dip against the trendāwait for it to turn around first.
š Still below the middle band at $2,296, looking a bit weak. First, letās see if it can climb back above it. Donāt expect it to reach the upper band at $2,473 in one leap; for now, treat the lower band at $2,119 as a backstop.
šÆ Key levels: $2,537 to the upside, $2,120 to the downside. Keep an eye on both as guideposts.
#ETH #Ethereum #Ethereum
ā ļø The above is a quantitative technical analysis for reference only and does not constitute investment advice.
Data source: Binanceļ½21:41 Beijing Time
š° Bitcoin (BTC) Price: $74,670 ļ½š¬ 24h -1.69% š„¶
š» Looking a little sluggish right now. The price is getting pinned down by several moving averages, and the bears have the upper hand. Be patient if youāre looking to catch a reboundādonāt rush to catch a falling knife.
ā” Momentum: RSI 34. Momentum is lukewarm, and weāll have to wait for a surge in volume to spark a clear direction. MACD is still bearish, so donāt rush to buy the dip against the trendāwait for it to turn around first.
š Still below the middle band at $78,677, looking a bit weak. First, letās see if it can climb back above it. Donāt expect it to reach the upper band at $83,768 in one leap; for now, treat the lower band at $73,586 as a backstop.
šÆ Key levels: $84,093 to the upside, $74,670 to the downside. Keep an eye on both as guideposts.
#BTC #Bitcoin #Bitcoin
ā ļø The above is a quantitative technical analysis for reference only and does not constitute investment advice.
š° Ethereum (ETH) Price: $2,119 ļ½š¬ 24h -5.33% š„¶
š» Looking a little sluggish right now. The price is getting pinned down by several moving averages, and the bears have the upper hand. Be patient if youāre looking to catch a reboundādonāt rush to catch a falling knife.
ā” Momentum: RSI 35. Momentum is lukewarm, and weāll have to wait for a surge in volume to spark a clear direction. MACD is still bearish, so donāt rush to buy the dip against the trendāwait for it to turn around first.
š Still below the middle band at $2,296, looking a bit weak. First, letās see if it can climb back above it. Donāt expect it to reach the upper band at $2,473 in one leap; for now, treat the lower band at $2,119 as a backstop.
šÆ Key levels: $2,537 to the upside, $2,120 to the downside. Keep an eye on both as guideposts.
#ETH #Ethereum #Ethereum
ā ļø The above is a quantitative technical analysis for reference only and does not constitute investment advice.