Uncle_Rich

The support has increased to near 32,100 USDT now

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BINANCE:BTCUSDT   Bitcoin / TetherUS
The market has gone up recently, giving individual investors great confidence, but the risk of falling still exists. Consistent with the analysis yesterday, there was absolute resistance near. Judging from the daily line, MFI has begun to flatten; a large number of handicap sell orders have emerged; there are too many people whose orders are released, which has suppressed the upward trend. From a technical point of view, MA5 and MA10 turned down obviously; Bollinger Bands widening; MACD moved below the zero axis; KDJ and RSI are flat, and decline will be limited in the short term.

Uncle Rich analysis:
The support has increased to near 32,100 USDT now, and the resistance is 33,700 USDT. As long as the price won’t drop below 30,000 USDT again this weekend, there is still great hope for a follow-up climb.
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