The market responded positively to the positive, and the downward trend has not changed.

Yesterday, there were several important and good news. The government will support innovative applications such as digital currency research and mobile payment in Shenzhen. However, the market reaction is relatively dull and there has not been any skyrocketing. Therefore, we still remind everyone that since the impact of the news is not As expected, then we must pay attention to whether there is a possibility of reverse operation, I personally think that the possibility of the market going down further is greater than the upward. The first part of Nakamoto's self-certification has been updated, but as a big god figure, the website actually shows 508, which is a bit low, but this does not explain anything. After all, Chaplin himself imitated himself to get the third place.

BTC

Although good news, but the market did not organize a large-scale rebound, but a small pull-up, BTC's rebound is not strong, has not been able to successfully recover half of the previous Yinxian, is still sideways shock, volume continues to shrink, closing Always on the $10,000 mark, now it is a triangular structure, and then it will face 5 antennas, can successfully stand 5 antennas and 5 antennas turn up the golden fork 10 antennas, then the target Will test the pressure of 11,000 US dollars, whether it can break through this point depends on whether the next volume is matched. In this place, I personally will not go blindly, but the direction is not clear, and the upward space is limited. The downward space and probability are relatively large. If you break below the 10,000-dollar integer mark, the probability of falling below the triangular support line will increase, paying attention to risk.

The rebound of ETH ETH is stronger than that of BTC, because if the government re-supports the development of digital currency, it will directly benefit ETH. After all, the biggest application of the target is to issue coins, but the rebound of the target is persistent, even though it has received one. The root line, but we can see that the volume has not been enlarged, or a shrinking state. Observe whether the volume will continue to be released. If you successfully return to the 200-dollar mark, you will continue to test the pressure of 235 dollars. It is considered that the possibility is small, the moving averages basically form a short arrangement, and the probability of continuing to run downward is still relatively large. Do not bottom out and pay attention to risks.

BCH

BCH is still running in the channel, there is no directional choice, and it will not fall below the uptrend line in the next few days. If it does not fall below the uptrend line, it may challenge 120 antennas in the second direction, and Going up this time, I think the probability of standing up is relatively large. If you break through 120 antennas or can challenge the previous high position, if you fall below the uptrend line again, you should resolutely leave. At present, the probability of falling below the uptrend line Bigger.

BNB

BNB fell below the triangle and failed to stand back again. It is doing a sideways volatility underneath. There is no obvious sign of the volume increase. The combination K line is good for the short position. The macd indicator is again under the zero axis. The 5 antennas have arrived. In the vicinity of the current currency price, it will continue to exert certain pressure on the price of the currency. It is basically confirmed that the break of the triangle is effective. In the short term, it will continue to test the support of 24 dollars. The probability of this round of decline will hit a new low. Pay attention to the risks.

The author's point of view is only used for learning communication, not as an investment recommendation, and does not constitute an investment basis!

Author: talk on gold coins

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

DeFi

LK Venture Research Report | Telegram vs Twitter Who will dominate the super application race in the Web3 era?

Original author LeoDengSummary X and Telegram are globally renowned social media platforms that are exploring in the ...

Blockchain

Bitcoin's soaring population: the mining giant ushered in the spring exchange to die in the cold winter

After experiencing a downturn last year, the price of the world's largest digital cryptocurrency bitcoin began t...

News

Twitter featured: Mancoin network suspected of being stolen 100 million US dollars, the official claims to maintain

01 CoinDesk Media News Lightning Labs released its first desktop application on the Bitcoin blockchain. Lightning Lab...

Blockchain

Fake foreign exchange platform to enter the currency circle: reverse shouting, tampering with data, investors become the biggest victims

After the spread of money and funds, there has been a new routine in the currency circle – a false exchange. Pu...

Blockchain

The Bitcoin exchange is very hot, but the soil of the economics is very thin.

According to the coinmarketcap market data, the trading volume of Bitcoin in the past month exceeded the intra-month ...

Market

South Korean Professor tracking Do Kwon's funds: Signs of Terra's collapse were evident in early 2019

Cryptocurrency fugitive Do Kwon has been on the run from Interpol for several months. A Korean professor has been cl...