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

Blockchain

Bitcoin Investment Behavior Research: Why People Cannot Accept Bitcoin

The article is very long, hope you enjoy~ ——————————̵...

Blockchain

Bitcoin doesn't work! So he joined the Libra project

At this year's CES (Consumer Electronics Show) conference, Dante Disparte of the Libra Association took Bitcoin,...

Blockchain

Bakkt launches agency-level hosting business: market saturation? nonexistent

Original: at The Block & Bakkt official blog , the original author: Frank Chaparro Source: Odaily Planet Daily Tr...

Market

Why is Bitcoin possible to become digital gold? Let's talk about the network effect

Bitcoin has a network effect. The evangelists of many cryptocurrencies emphasize that the network effect of Bitcoin i...

Blockchain

Bitcoin fluctuates within a narrow range, waiting patiently for the market to restart

Foreword Bitcoin led the mainstream currency to rise again and then retreated, making a narrow range of shocks. Altho...

Blockchain

Nakamoto is from Estonia? This company has been studying "blockchain" since 2008.

In 2008, a start-up company in Estonia began testing the blockchain. In the same year, the mysterious person of the p...