April 12th market analysis: BTC triple top is established, the main short-term adjustment target position exposure

Before we gave the trend of two bitcoins, we would have expected to choose to break through. As a result, the face of the market is playing too fast. The main force chooses to make a triple top and then quickly kills it. The rate of decline is very fast, but we I believe that this round of the market is not over yet. It is only the main force that does not come to the reinforcements. It is difficult to pull up. Only a large shock, the unsettled people are washed out of the market, and then pulled up to let them lift the sedan chair. However, it should be noted that the small currency has undergone such a toss, the increase is too large, and the recent declines are relatively large. Pay attention to it. You may be careful to leave the field slowly, be careful to stand guard, and there are some targets for the platform to break the position. It is very likely that it will be irrelevant to you when you get up again.


BTC's futures price is very close to the spot price. It can be seen from the 15-minute K-line chart that the market has changed hands at $4,920 and played a panic, but the volume has not been sustained. After that, it may be necessary to continue to test whether the 4920 support is effective. If it is effectively supported at this point, it will test the pressure level of $5,100 to see if there is any volume that can be released. The rebound is unsustainable, and then it will drop to $4,800. Support, if the market directly hits the support of 4,800 US dollars, the position of the search is around 5,000 US dollars, 4800 US dollars is a more important support level, breaking the point of the market, will not rise again, leaving the market to wait and see However, personally think that the point will not be broken, you can replenish the position at this point, welcome to continue to face.

Source of data: qkl123


ETH has already broken the key support level of US$166 and has triggered our stop loss. It is recommended to wait and see. The next target of the target is around 143 USD. If this point is broken, there will be only the rising support below. The line can be kept, in the short term, it depends on the face of the BTC. As long as the boss does not break the position, the target will not break the big probability. The medium-term target is still around $230.

Source of data: qkl123


The trend of XRP and the upswing has been going on for a while, and it has already triggered our lightening. At present, it can be replenished at the position of 0.3 US dollars. Personally, it is impossible for the target to miss a round. It is very likely that there will be a wave of compensatory growth, not milk, but a purely technical analysis. If the target breaks through the $0.3 chip-intensive exchange area, we will admit it.

Source of data: qkl123


LTC followed BTC's sharp decline, and has now fallen to the support level of 75 US dollars. Observe whether this position can trigger a rebound. From the time-sharing level, the rebound is no volume, and it may be killed again at any time. If the break is $75, the M head will be established. The next target is around $62. The target is far away. The $75 break is recommended to wait and see, and it can be re-entered around $62.

Source of data: qkl123


EOS maintains yesterday's point of view, but the strategy needs to be adjusted. The original high-selling position should not be replenished around $5. If there is no rebound, the volume may be lowered to 4.4 USD again. Once again, the position can be lowered, and the effective break below the market. , leaving the field to wait and see.

Source of data: qkl123


BCH has already fallen below $270, and may step back down to $227. I think this point has strong support. It can be sucked low, break this point, the market is over, and wait and see.

Source of data: qkl123


TRX was originally a perfect trend, and it was brought down by the big cake, and the decline was not small. It has already fallen below the neckline position of 0.028 US dollars, triggering the departure condition, the macd indicator is about to die downward, observe The support strength of 0.024 US dollars, at 0.02-0.024 US dollars can be again low intake, effectively fell below 0.02 US dollars to leave.

Source of data: qkl123


The overall decline of the platform currency, the weakening of the platform currency also announced the end of a certain model, so everyone is still cautious to participate in a certain mode as well, carefully buried. HT's M head has been formed, and has fallen below the important support level of 2.4 US dollars. I don't know if you have left the market. The top is inexhaustible and it is possible to kill the big Yinxian and pay attention to the risks.

Source of data: 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!

We will continue to update Blocking; if you have any questions or suggestions, please contact us!


Was this article helpful?

93 out of 132 found this helpful

Discover more


💰 HashKey Group Raises $100 Million in Series A Funding, Valuation Reaches $1.2 Billion! 🚀

HashKey Group has just announced the successful completion of their Series A funding round, raising an impressive amo...


Tech company MicroStrategy recently purchased Bitcoin worth a staggering $615M. The move proved to be a smart investment as their stock, MSTR, outperformed BTC by a ratio of 21.

Experts are considering MicroStrategy's stock to be comparable to a highly beneficial leveraged Bitcoin (BTC) ETF bec...


Solana Mobile Plans to Unleash a More Affordable Crypto Smartphone

Solana Mobile has an exciting plan to greatly decrease the price of their smartphone, making it even more competitive...


SUI Token Surges to New All-Time High, What’s Driving the Rally?

SUI has shown remarkable growth in the past few days, leading the token's price to reach a new all-time high. This ac...


Masa Network raised $8.75 million through CoinList's community sale of MASA tokens.

The sale of 63,554,660 MASA tokens on CoinList was completed in just 17 minutes, showcasing the strong demand and pot...


Swarm Launches “Open dOTC” - A Permissionless Playground for Trading Real-World Assets!

Swarm, a respected German crypto platform, has launched Open dOTC, an innovative platform for exchanging tokenized re...