24/06/15BTC hits important support again, short-term rebound is not ruled out, how to plan next?
Yesterday I reminded you that the daily line was bearish with two Yins and Yangs between them. After a short-term rebound of 67357 yesterday, it continued to fall and hit a low of 65000. Here it directly fell back to MA60 and MA120 and rebounded.
The Ethereum pin 3362 rebounded to the previous bottom of 3432. In the short term, it is not ruled out that there will be a rebound and short selling. Friends who need to pay attention, do not chase the short position, and consider taking it back after the rebound.
Let’s talk about the dollar index falling back from its highest point of 105.8. We can also see that it completed a U-turn since June 7, and tested support again on June 12. For the time being, we can see that the dollar index broke through the high point of June 12. The current market is very strong and still bullish, but if this wave of rebound peaks and falls, it will not be far from a rate cut, and a big BTC market is about to come.
Flatbread
Although we reminded yesterday that the daily line is bearish with two negative lines sandwiched between positive lines, it is currently testing several important supports, BOLL lower rail MA60 and MA120. For the time being, the support is still effective. This is very important to pay attention to the market. Indicators are bearish, MACD, RSI, and OBV indicators also cross the yellow line, and funds continue to flow out. The 4-hour chart has a more complicated downward channel. After falling below 66,000, it temporarily rebounds and needs attention. There is also a descending wedge in the 4-hour chart. Pay attention to the strength of the rebound in the 4-hour chart.
Support: 62000-65000
Pressure: 67400-68400
ether
Ethereum also reminded yesterday that the double-yin and yang bearish lowest pin was 3362. It also retraced to the important support of BOLL lower track MA60 and MA120. At the same time, it also retraced to the MA golden triangle and short-term rebound was expected. The 4-hour rebound returned to yesterday's low and formed a triangle structure. Pay attention to the change of this triangle structure.
ETH/BTC exchange rate rebounded from the bottom of the box. The altcoins led by Ethereum are facing a rebound. The altcoins can pay attention to NOT, UNI, ENS, LDO, BAKE...
Support: 3362-3432
Pressure: 3660-3721
