Bitcoin / Tether USD

Bitoffer daily analyst-2020/05/06

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The markets edged up and BTC performed outstanding among whole digital tokens. The fluctuation has been narrowed and formed triangle area on the 1-hour k-line and the markets are about to transform in the following hours. MACD index bonded above the zero axis and longs are still dominating the markets. However, under the no volume adjustment, the risk of fickleness should be aware of, focus on the $9000

ETH has a weak trend during the market, the volume was tiny when the rebound showed and much more significant when it has lost ground. MACD was at below the zero axis which means the shorts are strong and should be careful about falling back. Focus on the support $196.

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