Why did 8600 arrive as promised, an article to explain the logic of the trend

区块链骑士

特邀专栏作者

2020-05-25 11:48 (UTC+8)

This article is about 882 words, reading the full article takes about 2 minutes

After waiting for 8600 for a week, it finally arrived as promised.

AI Summary

Expand

After waiting for 8600 for a week, it finally arrived as promised.

BTC market analysis

In the analysis of the previous articles, our analysis is that 9300 is weak, and 8600 is waiting to enter the market. I saw someone in the group open short at 9500, open 50 times, and 9400 flat. We cannot comment on this operation, because everyone has their own style, whether it is a position or capital, and has their own ideas.

But this kind of operation is obviously not a wise choice for investors who want to establish long-term stable profits. This is a digression before talking about market analysis, but it is the most important link in the transaction, give up fluke!

The logic of the market, as shown in the figure above, the range of 8500-8650, that is, the area in the 1/2 black circle is the area where the K-lines overlap and the trading volume is the most dense. We have said before that the trading volume represents the sentiment of funds in the market. At the end of a market trend, once there is a heavy volume of trading volume (that is, a substantial increase in trading volume) and the price fluctuates greatly back and forth, but the price does not increase or decrease much, it is the time when the market divergence is the largest, and it is often brewing at this time. With a new conspiracy.

The black circle 1/2 just meets this condition, and the dense area of the K line will leave an anchoring effect in investors' minds, thinking that the same situation should occur every time they come here. Therefore, when trading in the anchor zone, the logical grasp of the change in volume and energy determines whether you follow or raise.

ETH market analysis

The cards of ETH are a bit boring, but it does not prevent you from making small chips. Interval top-middle-bottom-revised bottom: (215-203-193-185) The interval anchor line is clear, 30-50% of the entry before the 193-185 bottom and the revised bottom, and the upward breakthrough of 203 will gradually reduce the position.

EOS market analysis

BCH market analysis

LTC market analysis

XRP market analysis

There must be another drop in the 4H cycle. Focus on the defense of the 0.178 position. At present, the market confidence is not enthusiastic about XRP, and it is not recommended to trade this currency.

ETH

BTC

Welcome to Join Odaily Official Community