Market analysis: BTC double bottom formation, rebound immediately

Market analysis: BTC double bottom formation, rebound immediately

In the early morning, the callback was again reversed. In the short term, the trend of Bitcoin formed a double bottom trend, and the latter bottoming behavior once again broke the low point, and the downtrend was deeper. Then, after the second test, the bulls still There is no strong rebound, there are signs of breakthrough, the trend will continue to fall storm, if the short-term trend can rebound to 11,000 US dollars, then the follow-up will stand firm at 10,500 US dollars, forming a bottom rebound trend;

In the BTC daily chart, the Bollinger band is retracted and has a tendency to close inward. The 5-day moving average wears a 10-day moving average to form a dead fork. The 10-day moving average and the 30-day moving average start to turn parallel, and the price position is further adjusted. The current trend has broken the Bollinger Middle Track and broke yesterday's low. The pressure on the top is constantly exerting downward pressure. It is easy to cause the decline to deteriorate further. The price will be suppressed below the middle of the Bollinger Band and enter the long-term adjustment trend. In the figure, the MACD forms a dead fork above the 0-axis. The STOCH turns around the 20-level line and the RSI runs up at the 50-level line. Then the trend of the subsequent BTC will form a volatility upward trend. Once it can stand at $10,500, Then the long-term sentiment will be strengthened, and the trend will maintain the trend of shocks and upwards.

Operational recommendations:

1. Follow up on 10300-10350 USD to see 10600-10700, if it breaks through, see $12000-15000;

2. See $10300-10500 in the follow-up of the $11,000-11200, and $10,000 when it breaks;

Market analysis: BTC double bottom formation, rebound immediately

Touching the low point again has formed a rebound trend. If the trend does not break the Bollinger Middle Track in the subsequent adjustment, then the downtrend is suspended, you can concentrate on the rebound, the operation needs to take a good stop loss, control the position risk, and grasp the better. income;

ETH once again hit 280 US dollars and it is difficult to fall below. The bottom has already formed. The rebound has already arrived. The ETH follow-up is a trend of upswing, so it can keep up with the uptrend. Wang Ge suggested more than one single, and the short is supplemented. $290-295 followed up with a single order to see $300-305, and a breakout saw $320;

Market analysis: BTC double bottom formation, rebound immediately

EOS rebounded at the bottom, the recent trend is basically in the bottom of the regional volatility, it is difficult to continue to suppress the trend, so will soon form a strong rebound offensive, followed by more than 6.3-5.9 US dollars to see 6.3 US dollars;

Market analysis: BTC double bottom formation, rebound immediately

From the perspective of major mainstream currencies, they are already at the bottom of the rebound, so the pie will be affected by the trend of rebound, so if you can further stand the area mentioned by the author, then the counterattack horn will blow When you enter the stage of full-scale march, you can continue to watch more orders at this stage, pay attention to the counter-attack of the pressure points mentioned by the author; friends who have recently suffered losses can slow down and can pay attention to the opportunity of Wang Ge to seize profit. Take the harvest; (Mars quotes)