Today's solution: BTC converges and the end of the market is sluggish, so we need to be alert to the risk of downward washing

诺海_NhCynora

特邀专栏作者

2019-09-10 16:38 (UTC+8)

This article is about 1069 words, reading the full article takes about 2 minutes

BTC has the risk of a downward wash.

AI Summary

BTC has the risk of a downward wash.

BTC

The current trend of BTC is a bit strange. It can go up, but it can’t go down. You can see the circles I marked on the daily line in the above picture. The short position maintains the same amount as before, but the price decline is obviously reduced. After continuing to attack to no avail, it also showed a shrinking trend, but even if it shrinks, it can still hold the strong shorts in place, causing the price not to fall. It can be said that the current price is in an embarrassing position where the shorts do not follow and the bulls do not show

According to the daily technical analysis, the price rose to 14460 for the first time and hit the weekly pressure zone, and then it was beaten back strongly. After that, it failed to break the high point and kept hitting new lows for several times. The price fell to around 9381 several times and was forced back Pulling back means that there are a lot of buying orders waiting to intervene in this position (buy as soon as the price arrives), so the question is, who is buying at this position? I think retail investors are buying. Everyone knows very well that it is almost impossible for the price to break through 14,450 and go straight to 20,000 (unless there is a major benefit in the fundamentals), and where to buy becomes very critical. Everyone agrees. Near 9380, several successful supports undoubtedly aggravated the consensus range. Since we all know it, can crops not know it? Let's put it in another way, if you are a BTC crop, can you allow so many leeks to share your profits? (Anyway, I don’t allow it.) Based on this logic, I would like to see the BTC price fall below 9380 in heavy volume, and then start the tour of pulling the market after a full wash and change of hands, so that the cost of the dealer is the lowest. Conversely, the profit There will also be more space.

In 4 hours, the bearish point of view of the median shock is maintained. The price broke through the front support in the process of rapidly falling from 11000 to find the bottom, and the rebound test pressure effectively fell. The trend is downward, the target is around 9935, and there is no support in the middle. Now it depends on when the price will drop in volume. Long orders can be placed near 9935, short orders can be lightened at 10220, and 9935 will leave the market

It is recommended to wait and see for 1 hour. You can place long orders around 10116, and the rebound target is 10500. Keep holding short orders. The current price is not suitable for long and short positions

ETH

Looking at it in 4 hours, although it was 185.2 higher than before the breakthrough, it did not increase in volume, and the breakthrough range was very small. The price swept back and forth at this position, so it cannot be regarded as an effective breakthrough. Be wary of downward risks. The long-short boundary line is 193.68, Only after a heavy volume and a firm stand can a stable long position be considered. The current support is 178.69, and the upper pressure is 190

EOS

It finally broke through the key pressure level of 3.75. Although there is a lot of pressure above, at least there is no risk of returning to zero for the time being. There is no doubt that the main idea is to do more. The key support level is 3.783 and the pressure is 4.217

LTC

At present, the key pressure level is 73, pay attention to whether it can break through, if it can break through in a large amount, go back and go long, otherwise there will be a large-scale short signal to sell short, the first target for short orders is 69, and the second target is 65.2

BCH

310 is the key pressure level. I read the article before. Those who open long positions near 270 need to reduce their positions by half. The remaining positions should be protected. Wait for the price to choose a direction before choosing an opportunity to enter. It is not suitable for orders at present.