Afternoon market continues the confirmation phase after a strong breakout. BTC's 4-hour chart shows a complete bullish alignment, with the middle band of the Bollinger Bands moving upward to provide solid support. Pullbacks are typical shakeout behaviors and do not change the upward trend. ETH is more resilient, with obvious capital rotation; after breaking through 2300, the upward space has been opened.



As the March 19th Federal Reserve rate decision approaches, the market is already digesting expectations in advance, and the overall trend remains bullish.

Wave trading suggestions:
• BTC: Enter long positions at 73,500, hold with targets above 76,000
• ETH: Enter long positions at 2,300, hold with targets in the 2,420-2,450 range

Be patient and hold on; riding the trend is the key to success!
BTC0,77%
ETH-0,22%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin