April 7th market analysis: The picture is poor, hit hard

BTC failed yesterday and was a little worried. Several signals appeared on the market at this time.

A few bad signals: 1. The best thing in yesterday was actually to fall directly in the weak shock zone, and then pull back to around 4,800 dollars to achieve the purpose of trapping. It is now difficult to run in a strong and volatile area, which is a loss to the multi-military. 2. After the market attack, the amount can shrink sharply, and the technical side faces a callback. 3, the cottage has risen too much, some projects have ran, still insane, expectations are not good.

A few good signals: 1. XRP is just around the corner. 2. ETH came to 172 dollars yesterday, revealing the fangs.

In contrast, these two signals will launch an attack again and again this day and tomorrow, which I call the last attack of this wave. This attack needs to be screened. If it cannot be stabilized by XRP or ETH for 5,200 dollars this day and tomorrow, there will be a callback in the technology. Add it to see the face of today.

(Source: QKL123 )

After the BTC crossed the $5,200, it has adjusted a cycle at the 4-hour level. From the perspective of the adjustment attitude, a wave of energy is needed in the later stage. If the amount of energy is insufficient, it is easy to cause deviation. The upper pressure is $5,250 and the lower is $4,840. The next trend may be sharper. Once the volume is increased, it will probably rush to the vicinity of $5,400, representing the official capture of $5,250. Once the decision is retraced, the 4840 first pass.

(Source: QKL123 )

The trend of ETH is much better. It broke through last night and announced that 163 dollars has become a support level. Stabilizing this position, ETH breaks through a new high and becomes a high probability event. Today it will break through 170 dollars. If it is stable, the king will not be far behind. The bottom supports 163 dollars, the small pressure above is 169 dollars.

(Source: QKL123 )

The position of EOS is relatively embarrassing, and it is barely keeping up with the big forces. Objectively speaking, the high probability will also fluctuate upwards. If it is oscillating to around 5.6 dollars, it will be bold and short, and the short-term callback demand is very large. Generous support 5 dollars.

Other currencies, TRX and XRP, have been stabilized.

The above is for reference only, I only do mainstream currency, and the strategy is steady and progressive. The cottage does not understand anything.

Source: Public: I am Yuan Damou (Iamyuandatou).

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

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

Futures positions are bullish, bull market is not over yet?

Author | Hash sent analysis team Review in the past: BTC rebounded weakly, and the bears remained the main force of t...

Blockchain

A total of the wind! Babbitt goes online "Industry blockchain channel"

Suddenly, the spring breeze came, and the blockchain ushered in a policy slogan. On October 24th, the Political Burea...

Blockchain

Exchange Real Volume Report (on) | TokenInsight

Summary of points: 1. According to the report, 36% of the exchanges (11) have a real trading volume ratio higher than...

Blockchain

The market is cloudy and uncertain, take stock of major events in the blockchain industry in 2019

Original: Five Fireball Leaders In a flash, 2019 is coming to an end. This also means that the first decade of the bl...

Blockchain

The return on investment is over 500%? Is You Bank, which is known as "the world's first digital currency bank," reliable?

Banks are very familiar to most people. Legal currency access, financial management, etc. are inseparable from it. Th...

Blockchain

Analysis of the market in early trading on October 28: Thinking about this wave of "carnival"

The source of this article: Shallot , the original title "Calm is almost the same, write something about this wa...