Bitcoin's two-way pin consolidation callback, Ethereum's hook head down to focus on the 600 mark

币圈谈喻凯

特邀专栏作者

2020-12-22 10:10 (UTC+8)

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Bitcoin's two-way pin consolidation callback, Ethereum hook head down to focus on the 600 mark.

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Bitcoin's two-way pin consolidation callback, Ethereum hook head down to focus on the 600 mark.

Bitcoin, under the mad bull trend that ended the eight consecutive yang, continued to receive negative results, and the bullish trend repeatedly inserted the pins without further setting a new high. Fortunately, the support below was strong, and the market gradually entered the stage of high adjustment. The next day's market is more exciting. Whether it is a short-term sharp drop or a rebound, the fluctuation is maintained at around 1,000 points or even 2,000 points. Under such a trend, no matter whether you are long or short, as long as you don't blindly chase ups and downs, Still profitable.

The two-way bitcoin on the daily line, after a sharp drop, fortunately recovered half of the decline when the line closed in late trading, and the overall market once again maintained adjustments around $22,600. The previous few transactions were boosted by buying orders, and Bitcoin rose strongly and broke through the upper track position of BOLL. The technical indicators were seriously overbought. In the past two days, as the price of the currency has been adjusted, the technical indicators have also been repaired to a certain extent. At present, Bitcoin is still running in the upward channel, but in the short term, it fell below the MA5 moving average and maintained a downward trend. The short-term support and resistance swap has made the upward momentum of the currency price exhausted. In the short term, focus on the resistance of MA5 at $23,200. It is necessary to pay attention to the support of MA10 at $21,800. The major technical indicators in the short-term period eased, and the MACD kinetic energy in the attached picture weakened. It is expected that the pie will continue to maintain a high-level adjustment posture.

Speaking of callbacks, the market did experience a wave of callbacks, but the intensity far exceeded the actual situation. Fortunately, it was not unilateral. Only when the market went up and down was it in line with normal trading logic. The next day's daily line closed down as scheduled. According to this trend, Mr. Tan predicts that the pie will continue to drop. In the four hours, since the big pie directly fell below the middle track of BOLL, the bottom continued to run through the bottom track of BOLL, and the short-term selling hit the market, but the bulls did not show weakness. After touching the 22,000-dollar area below, they rebounded and broke again in the early morning. The 23,000 USD mark, but as the market consciously pulls back and consolidates, the currency price turns downward again. The short-term MA5/MA10 dead cross suppresses its upward movement. In the short-term, focus on the high of the currency price rebound in the early morning at 23,200 USD. Below, you can pay attention to the next day The low of the retracement in the European market was supported by the $22,000 area.

To sum up: It is normal to usher in an adjustment after a bull market. There is neither a blindly rising trend nor a blindly falling trend in the market. The adjustment is only for a better rise in the later period. It seems that with the decline of the market, many people and friends have also begun to change their trading ideas at this time. It is normal to change their trading ideas for contracts. After all, there are relatively few unilateral markets. of. Once again, there are indeed signs of a short-term pullback in Bitcoin, as long as it does not fall below the weekly position of $18,779.6 (this position is the 61.8% golden section line of Fibonacci theory), as long as this level is maintained, Bitcoin and All other cryptocurrencies continue to be bullish in the medium term. For today's operation, the teacher suggested that low and high should be the main focus, and high altitude should be supplemented. For coin hoarders, every drop is an opportunity for you to buy coins in batches.

Short-term upper resistance level: 23000/23200 Short-term lower support level: 22000/21800

BTC (Bitcoin) real-time operation suggestion: fall back at 22100 to go long, stop loss at 21900, target around 22400;

ETH (Ethereum) was affected by the sharp drop of the big pie, and Ethereum also went through a wave of plummeting prices, and its decline far exceeded the big pie. The sharp decline for two consecutive days almost wiped out the rising market in a small bull market . The short-term MA5 began to tick downwards, and the MA10 was running above the currency price, forming a double pressure in the short term to suppress its upward movement, especially when the currency price fell below the $600 mark overnight. At the same time, the attached MACD has begun to increase in volume. It is expected that Ethereum will still show signs of a callback. In the short term, focus on the overnight low of $595.8. Once it falls below, there is still room for a callback. Keep high-altitude thinking in operation, and don't blindly kill or fall. As expected, Monero continued to pull back, and the daily line showed a pullback trend for four consecutive negative days. Once the bottom falls below the $140 mark, we can take advantage of the short-term short-term. Today's trading ideas can be kept at a high altitude.