The market is volatile, can it be reversed in the short term?
【News】
【News】
On December 13, the 2019 Shanghai • International Blockchain Empowering Traditional Industries Summit opened in Shanghai. Dr. Wen Wu, Chairman of the Digital Currency Focus Group of the International Telecommunication Union (ITU), reviewed the development of digital currencies, especially legal digital currencies, in his keynote speech on "Global Trends in Legal Digital Currencies". He said that according to the Bank for International Settlements survey of more than 100 central banks around the world, 57% of the central banks are trying to establish their own legal digital currencies, among which the digital currency DCEP of the Central Bank of China is a typical representative. In the future, with the help of the revolution of communication technology, the global circulation of digital currency will be promoted, which is in line with the concept of decentralization advocated by blockchain.
【Technical】
【Technical】
BTC market review: The recent price trend of the pancake has made people very entangled. The heaven and earth needle appeared from time to time. The entire price fluctuation range was only within 100 points yesterday. It seemed to rise and fall, and it seemed to fall and rise again. It was almost impossible It is erratic and unreasonable to start, so it is recommended that prudent investors take a wait-and-see attitude in the near future.
Today's analysis: Today's price stands firmly above the middle track of the Bollinger Bands and the 60-day moving average. There is an obvious upward trend, but it still fails to effectively break through the important pressure level of 7250. The current price range is only about 50 points, and there is no sign of The obvious volume can show that today we need to pay attention to the upper pressure 7250, 7300, and the lower support 7200, 7150. Aggressive investors can choose to sell high and sell low in this range.
Late forecast: If the price in the later period is resisted at the 7300 line and cannot be effectively broken through, aggressive investors can choose to enter the market with empty orders.
ETH market review: Prince Edward tested the pressure level of the previous high at the opening of the market yesterday, and then continued the trend of the previous day, unilaterally fell to around the support level of 140.00, and then the bulls counterattacked, and the price stood above 140. Affected by the trend of the big pie, the bulls continued to exert force, counterattacked and pulled up, and finally were effectively suppressed near the pressure level of 144.00.
Today's analysis: Today's opening price is directly above the middle rail of the Bollinger Bands. After stepping back to confirm the support of the middle rails of the Bollinger Bands, the price rises again and returns to around 146.00. On the upside, there are a few important points to pay attention to today, 146.0, 144.0, 143.0. Aggressive investors can choose to sell high and buy low in this range to enter the market with multiple ideas.
Late forecast: If the price can fall to around 142.5 in the later period, aggressive investors choose to enter the market with multiple orders. If the price directly and effectively breaks through 146.0, they can also choose to enter the market with multiple orders.
LTC market review: The price of Wright went out of a wide range of shocks yesterday, with the upper pressure level at 44 and the lower support level at 43. Near the end of the day, the price directly pierced through 43.25, and the support level may fall below 43.00 again.
Late forecast: If the price stabilizes above 44.00 in the later period, aggressive investors can choose to enter the market with long orders. If the price directly falls below 43.00, they can choose to enter the market with empty orders.
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 the market trend dynamics, participation in interaction, attention to the tinkering team, and contact us to 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.
