Caution is king before Bitcoin breaks through $10,000
Market review:
Market review:
The market for Bitcoin once again appeared last night, with a fluctuation of 300 points in 5 minutes, which exploded more than 60 million US dollars of long-short contract positions, and the signs of banker manipulation were clear at a glance. In a short period of time, although the bottom of the market has risen, from 9400, 9500, 9600 US dollars to the current 9700, 9800 US dollars, this does not mean that the bullish momentum is gradually increasing, and the follow-up disk will be pulled up. One method, before breaking through the 10,000 US dollar strong pressure mark, there is a possibility that the market will repeat itself.
BTC market analysis
Market analysis:
BTC market analysis
Looking at the hourly line, Bollinger has a trumpet posture. The price fluctuated in the range for a day yesterday. In the past few days, the market likes to insert pins up and down. In the early morning, the Xiaoyang line stretched and broke through Bollinger’s upper rail near the middle Bollinger rail. The highest came to around 9980 , and then the price moved above the Bollinger upper rail. The current price is fluctuating around 9900. Both MA5 and MA10S are rising. From the indicators in the attached figure, the MACD long energy column is in heavy volume, the fast line touches the slow line and runs upward, and the KDJ fast and slow line is at After around 60. White disk operation ideas short rallies.
Currencies other than pie:
Affected by the big pie, Ethereum also had a wave of upward movement in the early morning. After being blocked near the 250 position, the price quickly fell to 241 and touched the support rebound. The current price is at the 247.5 position. On the four-hour chart, the shadow line on the K line is longer, indicating that the upper side is suppressed strongly, so don't chase the rise in this area, pay attention to the trend and take orders with the trend. At present, the price is at a high point out of the Bollinger band track, and there is a chance to go up again, so it is recommended to call back more orders in terms of operation. The price steps back near the 246 position and enters the market, with a stop loss of 244 and a take profit of 250. Focus on 254 for upper resistance and 241 for lower support.
Due to the impact of the big pie, Prince Edward also fell back around the 258 position. The price fell to 252 and touched the support and began to rebound. The current price is 256.9. Although the price is at a high point, the upward momentum has begun to weaken, so it is recommended to call back mainly in operation. The price steps back around 255 and enters the market with more orders, stop loss at 253, and take profit at 259. The upper resistance focuses on 261-263, and the lower support focuses on 250-248.
The information and data in this content come from publicly available information and strive to be accurate and reliable.
For analysis of other currencies such as ETH EOS, please contact the currency holder to obtain! The market is changing rapidly, and the real-time operation is subject to the intraday.
