Analysis of Ethereum Bitcoin on Monday, October 21:
Good morning everyone! It is another new week. Bitcoin market continued to fluctuate yesterday. The price fluctuated between 68,000 and 69,000. The price slowly approached the 69,000 mark. The bullish sentiment has slightly warmed up. It is expected to test the 70,000 line. It is recommended that all coin friends prepare in advance. The focus of the subsequent breakthrough of 69,000 is to follow the trend and do more.
From the short-term hourly chart, the Bollinger band begins to open upward and gradually expands, but it is still in the oscillation range. The short-term upward movement is blocked and enters a high-level consolidation. MACD is below the zero axis, but the fast and slow lines are gradually approaching. There may be signs of a golden cross, and the short-term trend has not changed. The five-day and ten-day moving averages maintain an upward posture. The market will break the range of fluctuations and will likely continue to attack. The idea is to keep the callback and go long. If the position breaks, you can consider chasing long with a light position.
Morning operation suggestions:
Bitcoin: It is recommended to buy more near 68300-68500. Target is 70000
Ether: It is recommended to buy more near 2680-2700. Target is 2850$BTC #DOGE飙升 #BTC☀ #ETH🔥🔥🔥🔥 #比特币政策
