The trade war has revived. The three major stock indexes of the US stock market plummeted across the board. Gold has soared. Shanghai gold has even hit a new high since the rebound. It is just around the corner, but in contrast, our cryptocurrency market has always followed the trend of gold, but since After the gold high side oscillated sideways, the trend of cryptocurrency was decoupled from gold. Now it has not followed the US stock market plunging. At present, it is an independent trend. It rebounded slightly yesterday. I think the current rebound is weak and the short-term news is affected. After the weakening, the market will still return to the original track.
BTC is still oscillating around the key support level of 10,000 US dollars. If the market understands the trade war as good, then the target should release the large Yangxian line to recover the neckline position of 11,000 US dollars. If the market interprets it as bad, it should also Quickly down to the integer mark of 10,000 dollars, and now the news is weakening the face of the disk, then the target will follow its own trajectory, I personally think this place is a down relay, this is Waiting for the 5 antenna's head to go down, the volume continues to shrink, macd returns to below the zero axis and begins to diverge again. The possibility of this round reopening to break the August 15 low is very high. There is no bargain-hunting, and I still wait and see, and then I will return to the support level of 9,000 dollars.
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Yesterday's analysis mentioned that the technical progress of ETH is worrying, and it will definitely affect the price of the target. We see that the target has a slight counter-pumping, but the volume of the counter-draw process is difficult to read. It is unlikely that the volume of trading will start to rebound. It is more likely to continue to fall back. There may be two kinds of movements after the target. One is to oscillate sideways, but to continue one of the moving averages. If there is a sideways position at this time. If there is a shock, there may be an upward rebound after the shock, but I still tend to continue down, because at least I have not seen any panic sentiment.
BNB's downward trend has been basically clear, the moving average system is short-selling, and the macd indicator is diverging downward again below the zero-axis. At present, only the amount of the breakthrough exceeds 30 dollars to reverse the downward trend, but the current possibility is not large because of the transaction. The volume is gradually shrinking. Personally, the down cycle has already started. The first target of the downside is around $24. Personally, the support of $24 has a high probability of being penetrated and paying attention to the risk.
The author's point of view is only used for learning communication, not as an investment recommendation, and does not constitute an investment basis!
Author: talk on gold coins