March 20 Cryptocurrency Market Analysis


【Bull-Bear Dividing Line】
Strategy: ✅ shows weak performance, choose to observe ✅
1️⃣ Overall Market 【BTC】 【ETH】 Current Key Support Levels:
【BTC】
Entry: 15-minute changes, find suitable entry points as close to stop-loss as possible, if you don't want to open positions just watch
Stop Loss: Aggressive stop loss: 70081, Stop loss: 69568
Take Profit: Around 71500
【ETH】
Entry: 15-minute changes, find suitable entry points as close to stop-loss as possible, if you don't want to open positions just watch
Stop Loss: Aggressive stop loss 2121, Stop loss 2110
Take Profit: Around 2200
2️⃣ 【ETH & BTC】 No obvious rebounds during the decline, no obvious reversal in the 12-hour major timeframe, today is Friday and the last trading day, watch more and trade less, before 8 PM tonight, if there's no new low
BTC: 68750. High probability of bottom consolidation, if the market doesn't launch a big bullish candle the market is weak, if it continues for a long time it will still fall, if it breaks new lows before 8 PM tonight, the uptrend will terminate
Today is quite critical, need a big bullish candle on the 1-hour timeframe to change the current trajectory, otherwise bears still have the advantage, both bulls and bears need to fight it out.
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Not as any investment advice DYOR
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BTC-0,06%
ETH-2,26%
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