Yitian said: Summary of BCH DOT UNI LTC ADA market analysis on March 13
Market analysis of Bitcoin and mainstream currencies and altcoins (such as: BTC/ETH/BCH/DOT/UNI/LTC/ADA...etc.)! Will Bitcoin and Ethereum continue to operate in a bull market in 2021? Can ETH be above $2,000 by the end of March? Does the platform currency have much room for development in the later stage? Wait... These issues are the issues that currency enthusiasts have been paying attention to recently!
BCH market analysis
The heavy pressure above BCH is still in the range of 560-570 on the 30-day line. After several tests in the past few days, the bulls were finally pushed back. The short-term linkage market is weaker than the market, and the strong support below is at the 500 mark, and it has not broken the 500 spot. You can hold it first, and if it breaks, you will be out decisively. The top needs to break through 570 to have a chance to usher in a new round of outbreaks, short-term shock thinking. Pressure level: 570, support level: 510;
DOT market analysis:
DOT, the 4H level fell yesterday driven by the broader market, breaking the Bollinger middle track and reaching the lower track support level. At present, it is stepping on the lower track and oscillating. A death triangle has formed on the moving average indicator. It is recommended to wait and see in operation, and wait patiently for the bottom-hunting opportunity. Pressure: 38, Support: 33
UNI market analysis:
UNI: At the four-hour level, the bulls have begun to break out, starting to rise from the support of the middle rail, and have now broken through the pressure level of the upper rail; focus on the lower support: 31.1, and see the previous high point on the upper pressure: 34.8-37
LTC market analysis:
LTC, the 4H level rushed up and fell back in the morning. It is currently oscillating upwards along the upward trend line. The moving average indicator is in the golden cross resonance state. If you have a position, it is recommended to wait and see. The pressure level: 227, and the support level: 200.
ADA market analysis:
The short-term currency price has bottomed out and rebounded, facing an upward breakthrough structure and retracing the lower support does not fall below the range, you can refer to the support 1.045--1.02 range; reverse the upward break to see the upper pressure 1.13--1.16 range;
