Bitcoin's weak drop, focus on the 7000 mark, Monero short on rallies
There are tens of millions of investments, and risk is the first; there are thousands of strategies, which one is suitable for me; Pay attention to Tan Yukai, select the world's most accurate market analysis, news and technical aspects to guide and interpret for you, take you to grasp the market, aim at good opportunities, and trade steadily.
There are tens of millions of investments, and risk is the first; there are thousands of strategies, which one is suitable for me; Pay attention to Tan Yukai, select the world's most accurate market analysis, news and technical aspects to guide and interpret for you, take you to grasp the market, aim at good opportunities, and trade steadily.
BTC (Bitcoin): The price of BTC in the weekend market is still weakly adjusted as Mr. Tan said. Although the adjustment has not undergone any ripples, it can be seen that the overall trend is still weak and downward, and the bears once again tested 7000 The round number mark of the US dollar is also approaching on the verge of breaking the position. The BTC in the weekend market basically remained in the range of 7000-7300 US dollars. During the period, there was a slight rebound, but the strength of the rebound was quite lacking. It can be said that it was a weak upward trend. The market, this is clearly visible from the K-line of the chart. At present, the market has reached this point and is in the area of 7112 US dollars to maintain adjustment. In the short term, the 7300 US dollar mark is still the resistance point, and the key resistance is around 7500 US dollars. Only when the currency price is effectively stabilized here can the recent downward trend be eased. Focus on the support of the $7,000 mark. Once it breaks, it will lead to the possibility of a second dip. However, before the market breaks down, Mr. Tan only recommends to keep operating at high altitudes. Once the breakout is confirmed to be effective, you can chase short . As a reminder, the most critical reason for the recent decline in Bitcoin is the fall in international risk aversion, which has led to a large outflow of mainstream funds, and the market has returned to the vicinity of key supports. And the only thing we can do is to control the risk and wait patiently for the opportunity.
Short-term upper resistance level: 7300/7500 Short-term lower support level: 7000/6800
BTC (Bitcoin) real-time operation suggestion: the rebound is short at 7300, the stop loss is 7500, and the target is around 7000;
EOS, XMR (Grapefruit, Monero): The trend of EOS is the same as that of BTC. The weekend market also maintained a weak consolidation. The daily line, one yin and one yang, is still in a downward channel to maintain operation, and the overall trend is bearish and under pressure. The 2.55-2.65 range that has been emphasized on Friday, although it was touched at the weekend, it has once again fallen under pressure and closed at the 2.58 line. At the same time, the short-term BOLL is still in a flat state. It is expected that EOS will continue to maintain a weak adjustment , Today we will focus on the 2.52-2.64 range, and we can follow BTC in operation. XMR is crazy enough. It was still adjusted in the range of 53-56 dollars before, and today it opened the market and fell below the 51 dollar mark. Teacher Tan is not surprised at such a trend. Shorting on rallies has always been the idea emphasized by the author, and the article given And the firm offer strategy is also constantly harvesting profits (this can be identified by referring to the previous article). Today's thinking is still a continuation of the previous period, focusing on the support of the $50 mark, and the resistance of $53 above.
EOS (grapefruit) real-time operation suggestion: rebound around 2.64 and short, stop loss 2.7, target around 2.54;
(Text/Talk about Yu Kai)
(Text/Talk about Yu Kai)
