May 22 madman market analysis: BSV rose 300%, Ownen Cong is Nakamoto Satoshi?

Market analysis
Bitcoin:

Bitcoin oscillated around 8000 for three consecutive days, which went out of symmetry with the three days before the fall. Therefore, the probability of choosing the direction is tonight or tomorrow, as Bitcoin continues to shrink in the near future. The patience of both sides will gradually be exhausted, and the long and short battle will come soon. We should pay attention to whether Bitcoin can stand on the 5th line. As long as the volume falls below the 5th line, it will avoid risks. In terms of the degree of catharsis, the strength gradually weakens, so the new high market in the market is still expected. However, it is worth noting that the opening of the new round of this round is likely to be the last resort. You should control the position and be cautious.

May 22 madman market analysis: BSV rose 300%, Ownen Cong is Nakamoto Satoshi?

ETH:

Continued upside the 5th line, today's volume can be enlarged compared with yesterday, but still can not be compared with the previous period, so it is still linked to the market, the short-term pressure is 260.

XRP:

The rebound is weaker than a wave, and it is still sorted in the triangle area. After waiting for the direction of the pie to be selected, the pressure can be operated at 0.41, and the volume can be added to the position.

LTC:

Continue to shrink and shock, the weak linkage is the main.

BCH:

As high as the bitcoin sideways, it is the two strongest mainstream currencies. No matter who breaks first, you can do another one.

EOS:

Sticking to the 5-day line shock, the short-term amount can be extremely shrinking, waiting for the direction of bitcoin.

ETC:

Rushing back and falling, and continuing to be weak in the short term, the bull market terminator is not strong and is good for the market.

ADA:

The same continues to oscillate, there is no independent market, if the pie breaks up, the ADA will be stronger than the big cake, so it is worth a short ambush.

Author: digital currency trend madman
 
Pay attention to the analysis of digital currency price market, please go to bitcoin86 market analysis section, official website address: http://www.bitcoin86.com/hq/
 
Disclaimer: This article market analysis is for reference only and does not constitute any investment advice or advice. Risk control, thank you.

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

Market

What's happening to the whales on the Bitcoin rich list now?

People have always been paying attention to the movements of Bitcoin whales in the holding rankings. Huohuo, a popula...

Blockchain

Who is buying Bitcoin in bulk? Forbes deciphers the super rich who sweeps the goods off the field

“At the moment, people just want to buy bitcoin and have little interest in other cryptocurrencies.” Th...

Market

Using Bitcoin as a weapon, the company plans to fork all Silicon Valley projects.

The plan for the Gab forked Silicon Valley project did not end with Brave. This social media network advocating free ...

Market

Arthur Hayes: Why Bitcoin Will Become the Preferred Currency of Artificial Intelligence?

In this article, I will explain why Satoshi Nakamoto's creation will become the preferred currency of artificial inte...

Blockchain

BitMEX CEO: Bitcoin price will not rise in the short term, it will hover between 6000 and 7000 US dollars

Just now, Arthur Hayes, CEO and co-founder of BitMEX, announced his latest predictions for the price of Bitcoin. His ...