# 3.13 Market Analysis: Finally Some Movement! Weekend Overtime Coming!



Woke up this morning and the previously sideways market has finally moved. Bitcoin's daily line has once again approached the BOLL upper band and is very close to the daily MA50. On the moving averages, MA50 and EMA15 are nearly converging here, so a reversal is imminent. Perfect timing on a Friday—the market will very likely continue working overtime this weekend to complete the remaining movement. Two key decisions need to be made: one regarding the moving average choice here, and another regarding whether the BOLL upper band can sustain consecutive up closes. Both require the weekend's activity to play out. Therefore, major players will likely work overtime this weekend. B friends, are you ready?

$BTC Bitcoin: Yesterday we mentioned the resistance at 72200, and this morning it came within about 200 points of hitting it. Keep an eye out for potential wicks here, but if the hourly close stays at this level, watch for a continued push toward 73300-73500 resistance. Support below at 70500—as long as this doesn't break, the structure can still produce a small bounce.

$SOL Ethereum: Last night's convergence direction has materialized, and the chief showed everyone the method: draw trendlines, break and go long. Hope B friends followed through. Yesterday's resistance at 2138 was hit this morning, and many B friends shorted at 2140—recommend protecting your positions here. Further resistance between 2066-2076. If hourly closes above 2076, watch for a continued push to 2238 resistance. Support below at 2070, same function as Bitcoin.

$ETH SOL: Last night's resistance at 89.6 played out as expected. Currently it's pushing a bit higher, with next resistance at 92.6. If hourly closes above 92.6, watch for continued highs toward 96. Support below at 86.6, same function as Bitcoin.

In summary, regarding the market's direction, overtime work is likely this weekend. The key resistance levels above are worth attempting. If we don't get a wick to the first resistance or face rejection and pullback, watch for false breakout patterns (reference the second resistance level).

(Follow the chief for daily market analysis and precise pin-point levels, with strict stop-loss and take-profit management.)
BTC-4,09%
SOL-2,46%
ETH-4,62%
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