Where there is resistance on the upper level and support on the lower level, where is the way out for mainstream currencies
In the article just now, Jiayong expressed that BTC will have a strong upward opportunity in the near future, and everyone can continue to prepare for the low-level layout. In the stage when BTC is facing multiple opportunities, can other mainstream currencies go up simultaneously, especially ETH and Can BCH break through and stabilize the key resistance that has repeatedly encountered resistance and fall back, and can LTC hold the position above $60? After all, as the process of this round of shock consolidation continues until now, the trend of BTC and mainstream currencies has gradually separated. , Each has its own rhythm and ideas, which need to be analyzed separately, then Jiayong will bring you the next development trend and operation suggestions of mainstream coins.
Today’s trend of ETH is not much different from yesterday’s. The highest point also fell after reaching the 187 line, but the low point was able to stay at the daily line level. Upward rhythm, MACD has formed a golden cross in the four-hour level, and there is a chance to stabilize the 186 line of the middle rail of the Bollinger Band in the evening and go up further. The multi-day trend will also take some action in the near future. The bottom of the daily line level is supported by the 30-day moving average and the lower rail of the Bollinger Bands. However, ETH has been able to maintain a high position above the middle track of the Bollinger Band, which also shows a strong willingness to go up. Once BTC shows strength in the future, ETH will have the opportunity to break through the 200 mark again. 184-185 first line.
LTC’s follow-up upward trend may not be as strong as other mainstream currencies. It has recently tested to a high around $66 and then fell back. It rebounded after reaching the 60-day moving average of $60. Today’s upward resistance is at the 10-day moving average of $62. At 60-62, the trend is oscillating and finishing in the range of 60-62, and it is still trying to stabilize above 60 US dollars. Although the daily Bollinger Bands are closing, they still maintain an upward posture. You can pay attention to 60-62 and 62-64 respectively. The two intervals carry out the operation of selling high and buying low.
Although it is difficult for BCH to have a substantial upward trend in the near future, the daily line level has stabilized above the 10-day moving average line 288. The attached indicator MACD has a golden cross opportunity, and the four-hour level is supported by the MA30 moving average. There has been a large fall, MACD is running horizontally on the zero axis, and the lack of long and short energy has led to small fluctuations in the trend. It is difficult to have good profit opportunities, but as one of the currencies most closely related to BTC, it also has the ability to pull up Ability, the 290 line that has been broken through in the early stage is relatively easy to stabilize. Next, we need to focus on the suppression of the 300 line resistance. BCH's $300 has always been a hurdle, and it is recommended to take profit at this low position. Whether it is the accumulation of income in the shock, or the expansion of income in the long-short heavy volume, Jiayong will bring you the most comprehensive analysis and suggestions to help you achieve ideal results in the end. Friends who want to get my instant guidance and advice can pay attention to the public No./Jiayong look at the currency circle.
