Good morning, currently around 2265, the hourly chart shows a clear downward trend. All moving averages are pressing down from above, the price is hugging the lower Bollinger Band, and both MACD and KDJ are bearish. Although RSI is oversold, it tends to become dull in this kind of bearish decline. There will be strong resistance around 2290-2305 on the rebound, and it is likely to continue downward.



Candied orange is facing resistance around 74200-75000, and may test the 73000-71800 range later;

Concubine is facing resistance around 2280-2305, and may test the 2235-2205 area.
BTC-1.4%
ETH-2.01%
View Original
post-image
post-image
post-image
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
Add a comment
Add a comment
No comments
  • Pin