Bitcoin's weak adjustment is on the verge of breaking down, and Monero's pins continue to be short
BTC (Bitcoin): The article in the morning market has a thorough analysis of this week's trend, and there is no need to overemphasize it in the evening. The ups and downs are clearly visible. The key is that everyone is suspecting which way the market will go. The recent intraday fluctuations of the market are basically under adjustment, and there is no good entry point to trade, and the big market is basically in the early morning stage, so it is impossible to watch the market operation, and smart traders will choose to place orders Trading, because this week's market trend is relatively obvious, and trading with the trend is the most stable.
BTC continued to dip to 7083 dollars in the early trading and then rebounded slightly. The entire European market has been in a weak adjustment. I am used to such a market. After all, the trend this week has been so tepid. The slow posture made many leeks unable to bear loneliness, and the quality of mentality is also the key to victory. BTC on the daily line is still bearish and under pressure. The overall trend is at the bottom of the range of 7000-7500 US dollars, on the verge of breaking down. At the top, we will focus on the resistance of the 7300 US dollar mark. If it is stable above this position , the short-term downward momentum has been effectively alleviated for the time being, and the $7,500 mark is a watershed that determines the short-term long-short trend. The key support below is still at the $7,000 mark. From last week to this week, it has repeatedly dropped and failed to break. It can be seen that the main force is still deliberately supporting the control. As for whether it is broken or not, the teacher thinks it is not important. In the short term, you only need to wait while keeping the trend high The idea is enough, one is to grasp the current profit, and the other is to take advantage of the situation to obtain profits, so the operational risk will be greatly reduced. When the direction is clear, it can be operated in a drastic manner. At present, it is recommended to continue to wait. For BTC spot investors, no matter whether you are a high position holder or a short position holder, it is recommended to wait and see first, and wait for a clearer opportunity before getting in the car. If the time is right, Mr. Tan will give a real-time layout plan.
Short-term upper resistance level: 7300/7550 Short-term lower support level: 7000/6800
BTC (Bitcoin) real-time operation suggestion: the first rebound is short above 7300, the stop loss is 7500, and the target is around 7100;
EOS, XMR (Grapefruit, Monero): The daily EOS is under pressure as usual, but the short-term rebound momentum is slightly stronger than BTC, and the overall trend is still in the range of 2.5-2.62 that Mr. Tan said in the early session. In the short-term, EOS rebounded after a wave of dips, broke through the middle track of BOLL strongly and remained above it. In the short term, it is necessary to pay attention to the pressure of the upper track of BOLL at 2.62, and the support of the lower track of BOLL at 2.54. It is expected tonight It will run between the upper and lower orbits of BOLL, and maintain a high-altitude thinking in operation. XMR is really stimulating, and the short-term pins are repeatedly inserted. A wave of upwards touched the line of 55.57 US dollars, and then fell to the low of 53.1 US dollars in the European market (the lowest point of 52.39 in the early trading). For safety, you can still maintain a high-altitude thinking for the evening market, focusing on the $52.4-55 range.
(Text/Talk about Yu Kai)
This article comes from the author Tan Yu Kai, please indicate the source when reprinting, please respect personal opinions, and do not plagiarize. The intraday market is changeable, and this article does not provide any express or implied guarantee as to the accuracy, reliability or completeness of the content contained herein. Readers are advised to use it as a reference only, strictly control their positions, and take full responsibility on their own. If you like it, please pay attention to us. We provide digital currency account opening, market analysis, real-time calling, online unwinding, more trading skills and real-time market analysis, please contact the author in time.
(Text/Talk about Yu Kai)


