The big market is coming? Why Bitcoin has repeatedly attacked but cannot break through the pressure level

Sunday, July 19, 2020, the twenty-ninth day of the fifth lunar month [Gengzi Year's Guiwei Month and Guihai Day]

Yi Tian said 【market review】

Yitian said【BTC/USDT】

Yitian said【BTC/USDT】

Let's analyze it from the daily line. Although the market has risen and fallen for so many days and the market has fluctuated violently, it is still in a high box. Today's daily line opened at the 9169.0 line. In the morning, there was a wave of rising first and then falling. At present The market began to consolidate at the yellow MA5 daily moving average, and the top has been suppressed by the middle rail of BOLL; the upper blue MA10 and green MA30 daily moving averages began to move down, converging at the middle rail of BOLL, suppressing the Bitcoin market at the top; the KDJ index below The third line has raised its head to attack, and there are signs of continuing to form a golden cross; the energy indicator MACD fast and slow lines are glued and running below the zero axis, and the red short energy column is weakly released; on the whole, Mr. Yitian aphz8705 believes that the daily market will still be more ahead First test the upper pressure level of 9200 mark!

Let's take a look at the 4-hour chart again. The Bitcoin market hit the lowest price of 9047 at 4:00 pm on July 16. The market has been rebounding for the past few days. As well as the pressure level of the BOLL middle rail, the current market has come to the upper middle rail area of ​​BOLL, and the upper part is under pressure at the green MA30 moving average; the yellow MA5 and blue MA10 moving averages have pierced the BOLL middle rail upward with the upward trend of the market. The currency market is under support; the KDJ indicator below has formed signs of a dead fork, and the daytime market is expected to pull back; the energy indicator MACD fast and slow line forms an underwater golden fork upward, and the energy of the bulls is initially releasing; on the whole, Mr. Yitian aphz8705 believes that during the daytime The market can still maintain the range operation!

Yitian said [BTC/USDT operation suggestions]

1. Bitcoin rebounds to around 9180-9280, it is recommended to enter the market with an empty order, stop loss above 9380, and target 9060-9000;

2. Bitcoin goes down to the 9050-8950 area. It is recommended to enter the market with a long order, stop loss at 8800, and target 9100-9200;