The market pullback again.Daily analysis-2020/05/09.2nd
The market pullback again as Bitcoin fell sharply, and BCH continued to be strong. In the 1-hour level k-line chart, the volume fell below the long-term average line and fell below the support $9700. MACD has entered below the zero axis, while the 4-hour line has shown signs of top divergence, meaning that short-term will face adjustments, pay attention to 9400 below -Line support and it is recommended to absorb dips.
ETH fell again. In the 1-hour trend, the MACD index is glued near the zero axis and a dead cross appears again. It is repeatedly suppressed by long energy. Pay attention to the 210 position and leave when it is broken.
ETH fell again. In the 1-hour trend, the MACD index is glued near the zero axis and a dead cross appears again. It is repeatedly suppressed by long energy. Pay attention to the 210 position and leave when it is broken.