BTC once again breaks through the 8000 line, the stalemate battle bears the upper hand
The trend of BTC continued to test the line of 8000. The rebound of the bulls at noon was extremely weak. After further suppression, it formed an outbreak. It broke through 8000 and quickly bought at the lower low. At present, it directly went to the position of 7910. Today's trend has completely verified the author's suggestion. The decline has already Formed, the downward behavior will continue, follow-up operations need to do a good job of prevention and control measures and bottoming measures, repeated suppression If the bottom line can continue to hold, then this market will once again give the bulls a chance, the current pressure erupts, in Before returning to the area above 8000, maintain a bearish thinking.
In the four-hour trend chart, the trend breaks the lower track of the Bollinger Bands and further moves towards the lower low point. The Bollinger Bands are opening downward, and the decline will continue to extend downward. The medium MACD indicator is running downward, STOCH is running near the 20 level, RSI continues to move downward at the 50 level, and will enter a downward trend in the future. The operation is recommended to focus on empty orders, supplemented by long orders, and follow up around 7980-8000 Look at the 7900 area for short orders, and currently stop falling around 7900. The four-hour indicator has an attitude of adjustment. If it fails to break through in the future, the short-term trend will enter the adjustment stage, and the suppression of short positions will also weaken. Pay attention to the first-line support of 7900.
ETH walked out of the stalemate area and further tested the key support area below. Recently, it has adjusted and tested in this area for many days, but the breakthrough is insufficient, the market volume is lacking, and the trend is still adjusted in the shock range. The hourly trend has a downward trend, and the trend is biased. Weak consolidation, short-term pressure increases, and downside risks increase. Follow-up can pay attention to the support at 170-173. If this area cannot be broken, the trend will still be in the adjustment stage. You can take advantage of the trend to see more high levels. The current pressure is increasing, and it can be seen in the short term Around 173, it is recommended to operate at high altitudes and lows, and pay attention to the upper resistance at 176-178.
The trend of LTC has a further downward trend, and the four-hour trend has been suppressed by the middle rail of the Bollinger Band, and has a further downward trend. The MACD indicator has formed a dead fork, and the STOCH indicator and RSI indicator continue to move downward. The follow-up will enter a downward trend. The current trend hits MA60 to stop the fall and rebound, but it lacks strength. The overall trend is still in a suppressed posture. The downward trend will continue to go deep downward. The operation is recommended to focus on empty orders. In the 56-57 area, you can follow up with an appropriate amount of empty orders to see 55-54 Nearby, you can leave the market in time after making a profit, pay attention to the lower support 53-50 position, and the upper resistance 58-60 position.
