The Dow Jones Industrial average (Dow Jones Industrial Average) fell for the third week in a row, but the BTC (BTC) price is pegged and is expected to close around the tough upper resistance level of $25211 this week. This shows that the recovery of the wider login password market is based on a solid foundation.

After BTC rebounded sharply from the bottom, people in the industry are still divided on the next step. Some traders feel that this round of BTC gains will turn down again, while others expect this trend to continue, creating a new big bull market.

Bitcoin and several other types of digital currencies are likely to continue to rise until the vast majority of bulls become rising. After this happens, there is likely to be a very big decline. This may wobble several weak overall hands and provide a good opportunity for those with strong overall strength to increase their trading positions. Higher bottoms and higher highs may determine the end of the bear market in the stock market and mean the gradual progress of the next bull market.

In addition, carefully selected alternative currencies look strong, and they are likely to follow BTC for a short time.

Let's take a look at the data chart to identify the critical level that must be highly concerned.

BTC/USDT

BTC's current transaction price is close to resistance above $25211. The trading bands of February 18 and 19 are relatively small, indicating that the duo is in no hurry to make a profit, and the bears are cautious about being short at the current level.

The downward tilt of the moving average and the relative strength index near the overbought area (RSI) indicate that the duo firmly hold on to the dominance. Close horizontal finishing near the friction resistance on the upright head will generally be resolved as a rise. If the customer pushes the price above $25250, the BTC/USDT pair is likely to accelerate to $31000, as there is no significant friction in the middle.

Conversely, if the price of gold falls from its current level, it may move its 20-day index moving average ($23115) to find support. Bulls will have to reduce the price of oil to below $22800 to get out of the upward trend. Subsequently, the pair is likely to plunge to $21480 and will be a strong support line.

Big short sales rose to $25250, but could not bring the price below the 20-moving average. This shows that the hot plate is still strong, and both sides see the decline as a buying opportunity.

The customer may try to rub against his head again. If he tries to push the price above $25250, the next uptrend may be gradual.

There is no doubt that the first sign of fatigue is falling below the 20 moving average. This will encourage short sellers, who will then try to lower the price to $22800.

FIL/USDT

On Feb. 17, Filecoin (FIL) soared above the just-in-time resistance level of $7, indicating the intention of double heads to move up again.

After a temporary sideways correction on February 18, double heads continued to rise on February 19. This strong rebound shows that double heads are actively buying. There is a small friction resistance at $9.53, but it is likely to be raised.

Subsequently, the Phil / US dollar exchange rate may be set at US $11.39. This level will become a big obstacle, so if the double head can not fall back below 9.53 yuan next time, the uptrend is likely to continue. The next friction resistance is $16.

If the price of gold falls from its current level and falls below $7, such proactive views may be denied for a short time.

The four-hour chart shows that bears are trying to delay an increase at $8 a barrel, but gold cannot fall back to the level of $7 a barrel. This shows that every small decline will lead to huge purchases. The increase accelerated, hitting the resistance level on the contact at $9.53.

It is possible for merchants to create strong defenses at this level, but the rising 20-EMA and RSI in the overbought area suggest that the route with the least friction resistance is to rise. If the short seller needs to stop the rebound, he will be forced to pull the price below $8.

OKB/USDT

Although the decline of most digital currencies is much lower than the historical highs, OKB (OKB) has been hitting new highs in the past few days. All the property that has reached an all-time high has overall strength.

OKB/USDT made a U-turn on February 18th, showing a profit ratio of more than $58. In a trend of strong growth, the adjustment tends to take no more than three to five days. If the price of gold rises from $50, Shuanghead will try to boost the currency pair by $59. If he succeeds, it is likely to move towards $70 for the currency pair.

Another possibility is that the currency pair would adjust substantially and retest the support line of $45. If customers change this level into a support line, the currency pair is likely to trade sideways between $45 and $58 for a few days. Bears will be forced to lower the price to less than $44 to gain the upper hand.

The four-hour chart shows that customers buy stocks that have fallen to the 20 moving average, but the rebound is not enough. Although the moving average tilted downward, the RSI showed a negative backlash. This shows that the upward trend has weakened. If the 20 moving average breaks, the pair is likely to fall to $47.50 and then to $44.35.

Or, if the price of gold picks up and rises by $55, Shuangtou could hit an all-time high of $58.84. If this level is eliminated, the currency pair is likely to pick up the upward trend.

Veterinary Officer / United Nations Food and Agriculture Organization

VeChain (VET) held the downward trend line well and retested, and then reached the head friction resistance, indicating that the bear is likely to be out of control.

The moving average has warmed up, and RSI is located around the overbought area. This shows that the double head has the advantage. If customers change the $0.028 level into a support line during the next adjustment period, the VET/USDT pair could soar to the next level of resistance of $0.034.

Customers are expected to actively maintain this level, as raising this level may mean the beginning of a new uptrend. Subsequently, the pair is likely to rise to $0.05. If gold falls and falls below its 20-day moving average ($0.025), such proactive views may be ineffective for a short time.

The four-hour chart shows that the double-end kicks the price above the resistance level, indicating the beginning of the next rally. If the duo keeps the price above the rising level, the currency pair is likely to accelerate the trend, quickly rebounding to $0.032 and then rising to $0.034.

Conversely, if the price of gold falls from its current level and falls below the 20 moving average, many aggressive doubles could be tied up. With double-headed trading positions, this could lead to deep adjustments. Subsequently, the pair could fall to $0.022.

RPL/USDT

The rocket bomb pool (RPL) has been growing in the past few days. In the adjustment process, the price of gold did not fall below the 20-day moving average ($45), indicating that the demand for buying at a relatively low level is strong.

The shape of the candlestick in the Feb. 18 and 19 shows that bears are trying to stem the upward trend around $56, but the duo are reluctant to give up their advantages. If the customer pushes the price above $57, RPL/USDT is likely to move to the next target of $74.

On the downward level, the first support line is at the $50 psychological level. If this level is abdicated, the currency pair is likely to slide into the 20-day moving average ($45). This is also the main barrier to be guarded by both heads, as falling below this level is likely to mean a short-term shift in the development trend.

The four-hour chart shows that the bears are trying to defend the $56 level, but the duo are not abandoning too many camps. This shows that customers have stuck to their trading positions because they expect to increase the level of resistance above their heads. If that happens, the pair is likely to rise to $61 and then to $74.

Contrary to this assumption, if the price turns down and falls below the 20-day moving average, it will show that Shuangtou has given up and has been recorded in profit. This may result in a further adjustment of the 50-day moving average, which will then rise to $38.