The weekly line is a small positive line in the shape of a cross star. The trading volume is 60% of the previous week, and it still maintains a volatile pattern. However, the trading volume has been significantly enlarged in recent weeks, and the chips are changing hands in large quantities.
The weekly MA30 line has flattened after falling, and the moving averages are also entangled together. MACD shows a trend of weakening downward momentum below the zero axis.
The weekly level is actually in a state of preparation, just waiting for Bitcoin to reach the top and then fall back to stabilize the volatility.
A big bullish candle penetrates all moving averages, and thousands of troops come to meet it, just waiting for a breakthrough.
The daily line is a small negative cross star with long upper and lower shadows, and the trading volume is basically the same as the previous day.
The daily MA30 line began to flatten out from a downward trend, and MACD showed an increasing upward momentum near the zero axis.
The overall trend is still in a wide range of fluctuations, and the up and down pins are also washing the market and changing hands. There is still not much to say in the short term. Buy on dips and buy spot in batches, and you can win if you hold on to it.
Daily level pressure level 2800-3000-3300-3600 support level 2220-1980-1650
