Market Analysis: During the BTC shock consolidation, you still need to wait patiently.
According to the BBC news, Facebook plans to release its digital payment system in more than ten countries around the world in the first quarter of 2020. The currency is called globalcoin internally and is expected to give detailed plans this summer and start testing at the end of the year. Unlike the attitude of China's Internet giants, most of the Internet giants in the United States still believe that the chain is not separated.
I personally think that the currency is definitely inseparable from the chain, and that the currency is one of the best ways to invest in this era. It is also the best choice for the rebellion. The traditional economic model is not eligible to participate as an ordinary person. So many Internet companies have risen, and there are few people around them who can get this cup. The hot bnb should be taken by someone nearby. Every three to five years in the world will give birth to a change of their own destiny. Opportunity depends on whether you can accurately grasp it.
BTC continues to oscillate. The current 5 antennas and 10 antennas have already leveled off. They do not pose pressure on the price of the currency. Breaking down the pressure line can not be broken and can actively do more. The macd indicator is a dead end, and the trend is tangled. From a time-sharing perspective, The target is a triangular shock consolidation structure. Now, when you have not yet chosen the direction, you need to wait patiently. It is also worth mentioning that some of the targets may go higher during the shock consolidation.
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The trend of ETH is much weaker than that of BTC. Although it is all triangles, BTC is not far from the upper high point, but ETH is different, one time is farther than one.
From the perspective of the daily line, the 5 antennas and 10 antennas of the target are flat, the macd indicator is not yet dead, the price of the currency is very entangled, the transaction volume is further shrinking, and the volume has not yet been exported. The upper pressure line has a further demand of 225 US dollars. The effect of this point is equivalent to the support of BTC 6800 USD. It is the last line of defense of the bulls. It falls below this point, the adjustment period is extended, the risk is paid, and the breakthrough is again 260 USD. The bearish is ineffective and is bullish to $300.
XRP has been shrinking for three consecutive days. It has not changed the direction of 5 antennas and 10 antennas. At present, the two moving averages are still running downwards. It is necessary to pay attention to the risks. There is a possibility of re-exploring the support of 0.36 US dollars, effectively falling below that point. Take a look at the scene.
The BCH station has 360 antennas and 5-day lines. The macd indicator is not yet dead. Observe whether the target can reach above $425. If it stands at $425, the M-head crisis will be lifted and may restart a wave of upswing. We believe that the target may rise to around $506. If it is unable to attack to $425, it will further look back at the neckline of the M head near $350, and fall below that point to wait and see.
LTC rose again to above $100. The macd indicator went up quickly, with 5 antennas and 10 antennas. The trend was upwards. The top faced a pressure of 110 dollars. It was defensive and fell below $85 to wait and see.
EOS quickly pulled up to 5 antennas and 10 antennas. The two-line gold crosses. The macd indicator has signs of upward divergence. Only a small amount of volume is lost. If it breaks through 6.8 dollars again, it will be bullish to 8 dollars. Fall below $5.7 and wait and see
BNB pulled up again and set a new high. We also mentioned in the previous analysis that the rest of the target is all profit-taking. There is no historical set-up, and how high it can rise depends on the greed of the inside. When the huge amount of money, the market will come to an end, or effectively fall below 5 antennas should also pay attention to lighten up.
This article data source: qkl123
The author's point of view is only used for learning communication, not as an investment recommendation, and does not constitute an investment basis.
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