March 2nd, Two Biscuit Silk Road



The price surged to 1988 and then immediately pulled back, clearly showing strong selling pressure above. From a technical perspective, the monthly EMA is about to cross below the weekly EMA, which is a clear downward trend signal; the MACD red histogram is still expanding, indicating that the momentum is building up and may trigger a decline at any time.

Trading Suggestions
You can consider trading within the 1980-2030 range, with the first target at 1900 and further downside at 1850.
$BTC $ETH
ETH-2,11%
BTC-0,6%
View Original
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
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)