Monday, March 18, 2024
Is the pullback trend over after the weekend rebound?
① 18:00 Eurozone CPI Final YoY for February
② 22:00 US NAHB Housing Market Index for March
- Daily Chart: After breaking through the 62,000 support level, there was a pullback. If the pullback does not break this support in the future, the upward trend will continue.
- 1-hour Chart: After breaking through the 69,000 support level, there was a rebound. If the rebound does not break this resistance in the future, there will be a continued downward trend.
II. Ethereum
- Daily Chart: After breaking through the 3,400 support level, there was a pullback. If the pullback does not break this support in the future, there will be a continued upward trend.
- 1-hour Chart: After breaking through the 3,700 support level, there was a rebound. If the rebound does not break this resistance in the future, there will be a continued downward trend.
I. Bitcoin
- Yesterday's Viewpoint:
Summary: After a short-term break below the 68,000 support level, the price continued to decline. If the rebound does not break this resistance in the future, the downward trend will continue, with support levels at 63,900 and 61,300;
If it breaks above, it will return to the upward trend, with resistance levels at 70,300 and 72,800.
- Future Trend:
The future trend rebounded after effectively breaking through the 68,000 support level and maintained oscillation near it, reaching a high of 68,972.
II. Ethereum
- Yesterday's Viewpoint:
Summary: After a short-term break below the 3,650 support level, the price maintained oscillation. If the rebound does not break this resistance in the future, there will be a continued downward trend, with support levels at 3,400 and 3,300;
If it breaks above, it will return to the upward trend, with resistance levels at 3,780 and 3,930.
- Future Trend:
The future trend rebounded but did not effectively break through the 3,650 support level and maintained oscillation near it, reaching a high of 3,682.
I. Bitcoin
Summary: After a short-term break below the 69,000 support level, there was a rebound. If the rebound does not break this resistance in the future, the downward trend will continue, with support levels at 63,900 and 61,300;
If it breaks above, it will return to the upward trend, with resistance levels at 70,300 and 72,800.
II. Ethereum
Summary: After a short-term break below the 3,700 support level, there was a rebound. If the rebound does not break this resistance in the future, the downward trend will continue, with support levels at 3,400 and 3,300;
If it breaks above, it will return to the upward trend, with resistance levels at 3,780 and 3,930.
Join the Pionex community to enjoy the following services:
Morning video explanations updated daily;
Daily updated written viewpoints;
Technical indicator analysis and answers in the group;
Layout of long and short strategies for the medium and long term;
High win rate short-term trading strategies for the day;
Trading system long and short signals reference software authorization;
Enjoy lower transaction fees by joining the community for practical trading;
One-on-one or group guidance and answers (by appointment);
Multiple learning materials gift package, bid farewell to not understanding;
Multiple analysts (lecturers, practical teachers) guide you through the world of cryptocurrency, with seven live courses daily
(Service content is continuously updated…)
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
