This rebound failed to replicate the previous trend, and the long-short direction is still unclear

鼓捣币

特邀专栏作者

2019-12-10 08:15

This article is about 2536 words, reading the full article takes about 4 minutes

Market analysis

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Market analysis

【News】

Bitcoin's Almost Annual Lows Are Higher Than Previous Year's Lows

According to data recently released by cryptocurrency analyst The Moon, Bitcoin has seen higher lows almost every year since its launch than the previous year. The only exception was 2015, when the low was $15 lower than the previous year. In some years, bitcoin's annual lows have more than doubled the previous lows. For example, the 2018 low was $3,200, which was more than four times the 2017 low of $780. Higher lows every year show that those HODLers aren't giving up. They accumulated more bitcoins with each dip, and the number of new investors continued to grow.

In terms of mainstream currencies, the price performance is relatively consistent with that of BTC. During the shrinkage adjustment period of most currencies, the strength of short-term fluctuations that occasionally expanded existed, but the daily line closed down. There are not many rising currencies, and most of them are short-term rebounds of small market capitalization currencies.

【Recap history】

【Technical】

BTC: Market review: The price of the pancake at the opening yesterday consolidated and fluctuated below 7500. After the bulls went up many times and failed to break through 7500 effectively, the bulls were weak and the bears counterattacked. The price effectively fell below the middle track of the Bollinger Bands, and the rebound tested the pressure level of 7520 After that, the price fluctuated and fell, and the price was resisted at the line of 7440. The bulls began to counterattack and tested the strong resistance of 7550 again. At the end of the evening, Dabing gave a wave of cutting leeks. Fortunately, the empty order we gave yesterday No effective stop loss position was set, because at that time, from the analysis of the 4-hour level, the trading-intensive area, that is, the main important pressure level, was around 7500, and the 60-day moving average was lowered, the MACD dead fork opened downward, the slow line was suppressed, and the fast line was suppressed. It went down quickly, so we can conclude that the price must fall, and finally the lowest price was given to 7400, and it ended in a profit.

Today's analysis: today's opening price stood firm at 7400, the bulls went up to test the previous pressure level of 7450, and then the bears continued to exert force and effectively broke through the integer mark of 7400. The price stopped falling and stabilized at the 7300 line, and the price began to fluctuate upward. A few things to pay attention to today Important points, 7450, 7400, 7300. Aggressive investors can choose to sell high and sell low in this range, and steady investors can wait for the price to step back on the 7300 support level again, and if it cannot effectively fall below, they can choose to buy more Single entry.

Late forecast: If the price stands above 7600 in the later period, aggressive investors choose to take advantage of the trend to enter the market with more orders, the upper pressure level is 7800, and the lower support level is 7300.

ETH: Market review: The price of Prince fluctuated around 151 points yesterday, trying to break through the upward trend, but due to the lack of momentum of the bulls, the Bollinger Bands closed the dead cross of the MACD, so the price failed to break through effectively in the end, and then the bears made an effort to fluctuate downward and effectively fell Broken the middle track of the Bollinger Bands, the price rebounded and pulled up. After testing the previous pressure level again, it continued to fluctuate downward. The trend in the evening session was affected by the price of the pancake and stretched again, breaking through 151.00. Piercing the 60-day moving average, the price took a break at the 147 line.

Today's analysis: Today's opening price rebounded to test the previous pressure level, and at the same time tested the pressure of the 60-day moving average, and then fell below 147.00, but the price quickly rebounded above 147.00. Several important points to pay attention to today: 148.00, 147.00, stable investors Keep a wait-and-see attitude first, and don't enter the market aggressively, because there is no clear direction for the time being, but after the price effectively breaks in the later stage, enter the market again.

Late forecast: If the price can drop to around 143.00 in the later period, aggressive investors can choose to enter the market with multiple orders, and steady investors can wait for the price to effectively break through 148.00 and choose to enter the market with multiple orders.

XRP: Market review: The price of XRP was basically in a state of shock and downward yesterday, and the market sentiment was not very intense, so it failed to give a large-scale trend. Also affected by the big pie, the price effectively broke through the upper pressure level of the downward channel in the later period, and tested again After the previous high, the price fell rapidly, falling below the 60-day moving average Bollinger Band middle rail, and stabilized around 0.2240.

Today's analysis: After today's price rebound is confirmed, it continues the downward trend of the previous day. There are several important points to pay attention to today, 0.2260, 0.2240, 0.22150. Aggressive investors can choose to sell high and buy low in this range. Entry operation.

Late forecast: If the price can stand firm at 0.2210 in the later period, aggressive investors can choose to enter the market with long orders. On the contrary, if the 0.2210 line is strongly broken, they can enter the market with empty orders.

LTC: Market review: The trend of Litecoin yesterday is still mainly short. The previous shock range has been within 100 points, and it was also affected by the big pie when it was close to the end of the market. At this time, we can learn from the trend of the big pie at the same time, so I believe this wave of empty space can also give everyone a lot of room for profit.

Today's analysis: So far, Wright's trend has been in a state of dormant consolidation today, with fluctuations of only about 50 points, but there are signs of bottoming out. Therefore, it is recommended that aggressive investors can choose low-many entry operations. Two things to pay attention to today Important points are 44.50, 44.20.

Late forecast: If the price can effectively stabilize at 45.00 in the later period, aggressive investors can choose to enter the market with long orders. If the price effectively falls below 44.00, they can choose to enter the market with short orders.

EOS: Market review: The trend of pomelo yesterday was uncharacteristic. The price stepped back to confirm the middle track of the Bollinger Bands. After the support level, it violently pulled up. There were obvious signs of effectively breaking through the strong resistance of 2.750. The price once rose, pulled up to around 2.780, and then stepped back Confirmed the action, but the bulls were still not strong in the later period. After failing to stand above 2.7600, they oscillated downward and effectively fell below. It rebounded again at the end of the evening session. After testing the high point, the price fell in a waterfall, and directly returned to the support level of the rising point since December 5.

Today's analysis: Today's opening price continued the previous trend and continued to fall. After the price stopped falling and stabilized around 2.630, the bulls counterattacked and oscillated upwards. Several important points that need to be paid attention to today are 2.660, 2.650, 2.630. Aggressive investors can stay in this range Choose to sell high and buy low to enter the market with multiple ideas.

Conclusion: The above analysis is for reference only. Investment is risky, and you need to be cautious when entering the market. Real-time understanding of market trends, participation in interaction, attention to the Tintobi team, and you can contact us, join the mustard circle community, and get real-time opinions in a timely manner. Thank you for your support and careful reading of the article! The Tindaobi team only does the most professional technical analysis and is your little financial steward.

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