Bitcoin: False copying of the market, be careful chasing high and holding on
1. The technical bear market still exists, and any rise is a callback, which is not enough to constitute a trend reversal.
2. There is a high probability that 7100 will not be able to go back.
3、Short Bicoin & All Fakey - Coins.
Market review
Market review
BTC continued the downward momentum of the previous few days yesterday and hit a new low. The lowest price on Bitmex hit the front demand zone of 6540, which triggered a large amount of buying ahead and then pulled back in the evening, and finally closed a K with a relatively long lower shadow. line, as shown below
In yesterday's live broadcast, I explained to everyone in detail that it is currently a downtrend with a short background. At the same time, the bulls are very weak. All infinite rebounds are paper tigers. And this daily closing line is likely to stimulate some buying sentiment and chips in the market to intervene. These emotional chips will bring prices "a seemingly reversed rise", but such a rise (rebound) is unhealthy, because There is not enough kinetic energy and materials, so we maintain the view of shorting rallies within the day today.
Trading straregy
Trading straregy
other species
other species
Before falling below 142.5, it is a high-level downward trend. The current decline rate is relatively slow. Pay attention to the rebound and short-selling trading opportunities within the day, and do not chase long. Key support: 153.43 - 150, key pressure: 158.5, 161.73, 164.5
EOS
The 4-hour top form is completed, and the thinking has changed from long to short. The current price is suppressed by the supply line at the end of the convergence of the hourly triangle. You can go short with a light warehouse, stop the high point, and change the small stop loss to a higher profit-loss ratio. Key support: 2.3905, 2.3449, key pressure : 2.4765, 2.5655
BCH
Same as yesterday, the head-and-shoulders top of the key pressure level of 4H is difficult to return to around 272 in the short term. Maintain a high-altitude thinking within the day, do more and wait for the price to step back around 203 before intervening. Key pressure: 239.6, 260.5
LTC
Flat top shape, rebound short, weak pullback to around 39.58 can be short, key support: 40.71, 39.58, key pressure: 42.87, 46.29
XRP
0.8 - 0.188 sell high and buy low, the current price (0.18752) can be short, the middle fluctuation is recommended to give
ETC
After the breakthrough in the top form, step back to confirm the shocking market, pay attention to the short-selling opportunities near the anti-drawing structure at 5.4, and the bulls wait patiently for the key support of 4.93
BSV
Official account: C says blockchain
Official account: C says blockchain
