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March 20 Crypto Market Analysis
【Bull-Bear Dividing Line】
Strategy: ✅ shows weak performance, choose to observe ✅
1️⃣ Overall Market 【BTC】 【ETH】 Current Key Support Levels:
【BTC】
Entry: Look for suitable entry points with every 15-minute change, the closer to stop loss the better, if you don't want to trade just watch
Stop Loss: Aggressive stop loss: 70081, Stop loss: 69568
Take Profit: Around 71500
【ETH】
Entry: Look for suitable entry points with every 15-minute change, the closer to stop loss the better, if you don't want to trade just watch
Stop Loss: Aggressive stop loss 2121, Stop loss 2110
Take Profit: Around 2200
2️⃣ 【ETH & BTC】 No obvious rebounds in the downtrend, no obvious reversal at the 12-hour major level. Today is Friday and the last trading day, more observation less action. Before 8 PM tonight, no new lows should be made.
BTC: 68750. It will likely be bottom range-bound. The market without a major bullish candle is weak. If it continues longer, it will still fall. If it breaks to a new low before 8 PM tonight, the uptrend ends.
Today is quite critical. We need a major bullish candle at the 1-hour level to change the current trajectory, otherwise bears still have the advantage. Bulls and bears need to battle it out.
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All views are personal opinions only
Not investment advice, DYOR
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