March 23rd, Kòngǔ: After a night of decline, is the trend back to bearish?

CN
1 year ago

Saturday, March 23, 2024

After a night of decline, is the trend back to bearish?

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  1. Daily chart: After breaking through the 61000 level, there was a slight pullback. If the pullback does not break this support in the future, it is still an upward trend.

  1. 1-hour chart: After a short-term pullback testing the 62700 level, it maintained oscillation. If this support is not broken in the future, there will be a rebound trend again.

II. Ethereum

  1. Daily chart: After breaking through the 3200 level, there was a slight pullback. If the pullback does not break this support in the future, it is still an upward trend.

  1. 1-hour chart: After a short-term pullback testing the 3250 level, it maintained oscillation. If this support is not broken in the future, there will be a rebound trend again.

I. Bitcoin

  1. Yesterday's view:

Summary: After a short-term break above the 65000 level, there was a slight pullback. If the pullback does not break this support in the future, there will be a continued rebound trend. The upper resistance is focused on the 70400 and 72800 levels;

If it breaks below, the pullback space will continue to expand, and the lower support is focused on the 63570 and 61300 levels.

  1. Future trend:

The future trend continued to decline after breaking below the 65000 level, and successfully reached the first target of 63570, with the lowest reaching 62294.

II. Ethereum

  1. Yesterday's view:

Summary: After a short-term break above the 3350 level, there was a slight pullback. If the pullback does not break this support in the future, there will be a continued rebound trend. The upper resistance is focused on the 3680 and 3810 levels;

If it breaks below, the pullback space will continue to expand, and the lower support is focused on the 3210 and 3070 levels.

  1. Future trend:

The future trend maintained oscillation below the 3350 level, reaching a low of 3250.

I. Bitcoin

Summary: After a short-term pullback testing the 62700 level, it maintained oscillation. If this support is not broken in the future, there will be a rebound trend again. The upper resistance is focused on the 66400 and 68900 levels;

If it breaks below, the pullback space will continue to expand, and the lower support is focused on the 60700 and 58900 levels.

II. Ethereum

Summary: After a short-term pullback testing the 3250 level, it maintained oscillation. If this support is not broken in the future, there will be a rebound trend again. The upper resistance is focused on the 3385 and 3530 levels;

If it breaks below, the pullback space will continue to expand, and the lower support is focused on the 3140 and 3030 levels.

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