March 21 Crypto Market Analysis

【Bull/Bear Dividing Line】
Strategy: ✅ shows weak performance, choose to observe ✅
【ETH & BTC】
Today I'll explain BTC's status with large and small cycle resonance charts (ETH trend follows BTC)
1. Weekly chart shows obvious three-stage decline, KDJ low point has broken the 20 threshold, bottom has fractal formation, this is certain, highly likely to reverse the decline.
2. On daily and 12-hour levels, it's clearly in an uptrend overall within the price channel,
Coin price is oscillating near the trend line, 12-hour level has already begun needle-poking exploration of the trend line.
3. Find buy points on 1-hour to engage in trading, don't count chickens before they hatch. Requirement: 1-hour closing price must break through MA55 moving average before opening positions, stop loss can be placed at the bottom of the oscillation zone.
4. Don't rush with short positions, currently hasn't formed a break below the daily and 12-hour uptrend, requirement: select short trading after solid bearish candle breaks down.
If this helps you, please give Strong Ge a thumbs up 👍 + follow
All views are personal opinions only
Not as any investment advice DYOR
Strong Ge's TG exchange group on homepage
➕ Strong Ge TG verification to join group‼️