Mufeng's Trend Analysis: Market Analysis on 3/20 with Operation Suggestions Attached

CN
1 year ago

From a technical perspective, the current daily level of Bitcoin/Ethereum shows that the bears still dominate the short-term, with the MACD's DIF pressing down, which also supports the high-level bearish trend on the daily chart. At the 12-hour level, both the KDJ and MACD remain in a bearish resonance, with the BOLL currently causing insufficient short-term downside space due to the coin price closely hugging the lower track, although the BOLL lower track is in an open state. On the four-hour level, the coin price is running in the vicinity of the lower track area, and although there is a short-term rebound in price, the overall trend has not reversed. The MACD lines are running downward, and the bullish energy column is shrinking. Therefore, the short-term operation in the future is suggested to continue focusing on short-term rebound. Specific points can be referred to as follows:

BTC: Short at 65000-65300, target 64000

ETH: Short near 3330-3350, target 3250

The above suggestions are for reference only. For specific operations, please refer to real-time guidance in actual trading. "Public Account: Mu Feng Looks at Trends" welcomes everyone to exchange and learn together!

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