Liying Chat Coin: The Golden Cross on 3.10 Remains Unchanged, Standing Firm Above the Moving Averages Is the Way Up! Latest Bitcoin and Ethereum Market Analysis and Trading Suggestions


  Bitcoin is currently priced at 68,850. Liying believes that the current candlestick pattern shows a strong rebound after several days of decline. However, this bullish candle has a long upper shadow, indicating selling pressure around 69,000. The latest 2-hour candlestick forms a spinning top with long upper and lower shadows and a small real body, suggesting disagreement between buyers and sellers at high levels. The market is entering consolidation or hesitation. The MACD on the 2-hour chart has formed a golden cross, indicating short-term upward momentum is strengthening. RSI still has room to rise. The EMA on the 2-hour chart shows a short-term bullish arrangement, which has been broken through by the price and may now serve as support. There is a high probability that the price will continue to rise in the short term, so focus on upward movement for now, and consider resistance levels later before opening new positions.
  
  Short-term reference:
  
  Buy at 68,000 and 67,000, exit if below 66,500, target above 69,500 aiming for 70,500
  
  Sell at 69,500 and 70,000, exit if below 70,500, target below 68,000 aiming for 67,000
  
  Ethereum (ETH) Latest Market Analysis
  
  As of the time of writing, Ethereum is priced at 2022. Liying observes that the 2-hour candlestick volume is increasing with strong buying momentum, but the latest candlestick around 2030 faces selling pressure. The daily candlestick has recovered from yesterday’s decline and hit a recent high, indicating a short-term pullback may be needed. The MACD on the 2-hour chart has formed a golden cross, showing a strong upward trend. RSI on the 2-hour chart still has room to rise, but caution is advised due to the risk of a pullback after entering the overbought zone. The EMA on the 2-hour chart has stabilized above all short-term, medium-term, and long-term moving averages, indicating a very strong trend. Liying reminds everyone that the price has not yet reached a key resistance point and there is still upward potential. Focus on buying for now, and consider opening positions after the market further extends.
  
  Strategy reference:
  
  Buy at 1900 and 1850, exit if below 1800, target above 2000 aiming for 2150
  
  Sell at 2100 and 2150, exit if below 2200, target below 2000 aiming for 1950
  
  All content is exclusively created by Liying. Please indicate the source when reprinting! Due to the delay in article review and publication, market conditions change rapidly. The above suggestions are for reference only; trade at your own risk. We hope Liying’s insights will be helpful to you!#国际油价突破100美元
BTC2,34%
ETH3,83%
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