Mu Feng Views on Trends: 3.16 Bitcoin/Ethereum Daily Market Analysis with Trading Suggestions
On the weekly level, KDJ presents a golden cross at the bottom this week, but BOLL and MACD indicators remain under pressure, with MA10/MA30 daily moving averages synchronized downward. The trend shows significant selling pressure with strong resistance at the highs.
On the daily level, KDJ and MACD golden cross resonance occurred today, with price breaking above the BOLL upper band. MA moving averages show bullish arrangement with price touching the upper resistance zone of the consolidation box. Whe
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