After the market consolidation is over, can it continue the empty momentum?

Don't be confrontational. Trading is not a war. The market isn't after you, it doesn't even realize you exist. In fact, it has absolutely no interest in it. Gold doesn't know you bought them. They do what they do, you just have to get used to them. The market is your boss. Follow it and get paid, or you resist and get kicked out. Just like you don't fight the ocean, you just swim in it. If you find yourself in an incorrect trend, don't try to change the direction of the trend, but look for another appropriate trend.

Today's market analysis

After the market experienced an instantaneous heavy drop on 7.2, it rebounded a bit and then began to consolidate in a triangular shock. According to the five-wave rule, it has already completed. At present, 9050 has formed a range support. If the market can break through the position of 9050 in the later period, then The market will continue to fall. The trading volume in the past few days is very small and there is not much atmosphere. Today is also hovering around 70 points. I want to cross the dead cross state in an hour. If I can hand it over and match the trading volume, Then there will be a good wave of space in the later period.

When the market breaks through 9050, go short directly, stop loss at 9100, and take profit around 8940.

When the market breaks through 9120, buy more, stop loss at 9070, and take profit around 9190.

Relatively speaking, although BCH has followed the decline, the rebound has been relatively strong, and it is not far from the ups and downs. However, the overall situation is still undergoing shock consolidation, and the trading volume has not improved. At present, there are two dead forks in an hour, but it has not yet been done. It has made too much movement, and it is now below the 60-day moving average, just below the middle track of the Bollinger Bands for four hours, and the overall four-hour Bollinger Bands are still formed downwards.

When the market breaks 220.50, go short, stop loss at 221.50, and take profit around 218.3.

If the market breaks 223.30, take advantage of the trend to go long, stop loss at 222.30, and take profit around 225.50.

Compared with other currencies, the trend of ETH is a bit random. It is not familiar with any currency. Breaking down the support, the short position still exists. Looking at it in four hours, the long and short positions are currently anxious, and no one wants to fail and exit, but on the whole, many troops are slowly consuming their energy.

When the market breaks 225, go short, stop loss at 226, and take profit around 222.

If the market breaks 228.20, take advantage of the trend to go long, stop loss at 227, and take profit around 232.