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Bitcoin and Ethereum Analysis on the Evening of July 12th
Short-term and medium-to-long-term moving averages are all diverging upwards, forming a complete bullish pattern. The green medium-to-long-term moving averages continue to rise, providing strong support for the price throughout. This pullback saw the price quickly find buying support after approaching the moving averages.
Trading Suggestions:
Bitcoin: Buy around 63200-63800, target 64700
Eth: Buy around 1780-1760, target 1840
$ETH $BTC