BitOfferEN

Daily analyst-2020/05/03

HTX:BTCUSDT   Bitcoin / Tether USD
The market dropped dramatically, BTC became red and the longs cannot hole the $9000 by the effect of the short position. BTC price broke the long-term average line on the 1-hour line, MACD index showed a dead cross and the volume raised significantly which means the shorts come with the savage. However, due to the continually long hatching, the longs also start to counterattack, pay attention to the support $8700 and buy in at low is advised

ETH fell again after the $212 and the money didn’t enter at the bottom, the risk of reduction will be shown in the short-term. Volume break the long-term average in one-hour K-line and MACD down crossed the zero axis, short position became domineering. Focus on the support $210 and be alert to another decrease.

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