Gold, Nine, Silver and Ten, how will the mainstream currency market develop in the future
Gold, September and Silver October, no matter which season it is, it is a harvest season. The author is here to wish everyone a lot of money in advance. The United States was still on a Labor Day holiday last night, and the U.S. trading market was closed. Bitcoin also rebounded to become the best-performing asset in the world last night. There are many indications that the currency market is another major investment project after stocks. The prospect of this market can be clearly seen from the trading volume in the past two days. The total transaction value of Bitcoin in 2018 was estimated at 2.2 trillion US dollars. Compared with 2018, 2018 has increased by 2.5 times, and this year is also an era of great explosion, and the total transaction volume will be higher than that of 2018. In May and June, the overall Bitcoin market rose by nearly 10,000 points. This is another big explosion after the end of 2017.
The market stabilized above 10,000 last night. In the short term, the market will not test below 10,000. It is more of a test above 10560. The Bollinger Bands on the daily chart show a flat posture, and the price has stepped on the previous resistance position in the Bollinger Bands The middle rail is running on the line, and the middle rail 10150 line has become a new support level. The price is already in the fifth wave of 5 waves, and it is going on an upward trend. MACD has a tendency to form a golden cross below the 0 axis, and the volume continues to increase Yes, both RSI and STOCH maintain an upward posture, and will continue to maintain an upward posture in the future. At the same time, we can also pay attention to the suppression problem of the Fibonacci index corresponding to 0.236 above, and the corresponding quotation is located near 10560! On the hourly chart, the Bollinger Bands are in the shape of a big opening, and the price trend is suppressed to run near the upper track of the Bollinger Bands, but all of them still maintain an upward posture. The tendency to form a golden cross.
ETH has risen by about 3% due to the rise of Bitcoin. In the short-term market outlook, we can continue to pay attention to the linkage with Bitcoin.
Heinz: HSBTC5
Heinz: HSBTC5
