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This week, Bitcoin is concerned about the lower threshold of 7000, slowing down?

Coin God
特邀专栏作者
2019-12-16 08:38
This article is about 884 words, reading the full article takes about 2 minutes
BTC dropped to the 7000 mark after a slight correction yesterday morning. After the low level was corrected, it started a wave of pull-up, and the highest surged to the 7200 line. Thin trading is more tormenting for friends who operate spot.
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BTC dropped to the 7000 mark after a slight correction yesterday morning. After the low level was corrected, it started a wave of pull-up, and the highest surged to the 7200 line. Thin trading is more tormenting for friends who operate spot.

CoinGod profile: Graduated from Shanghai University of Finance and Economics, a gold medal analyst, has been fighting in the capital market for seven years, focusing on the analysis of major digital currencies. With rich practical trading experience and unique trading philosophy, he is currently a special writer and commentary analyst for many financial websites. Instruct WeChat to follow the personal profile on the right in real time.

Today's big event

1. Ilya Perekopsky, vice president of Telegram, was asked to be questioned in London on December 16.

2. CryptoBridge will stop all services and servers after 23:59 on December 15th GMT time (7:59 on the 16th Beijing time).

3. Huobi will officially launch cross-margin leverage to support HT as collateral assets at 15:00 on December 16, 2019

Market review:

Market review:

technical analysis:

technical analysis:

The daily line level closes at the Yang cross K. The current price is under pressure below the MA5 daily moving average. MA5 crosses the MA10 daily moving average to form a dead cross. KDJ diverges from a high level to a dead cross. Maintained in Bollinger's middle and lower track oscillations, KDJ mid-to-high dead forks brewing, MACD close to zero axis, Bollinger opened downwards, from the hourly line, small K oscillated downwards, KDJ high dead forks, MACD turned from red to green

On the whole: Mitutoyo believes that it is still a complete short pattern at present, and Dafang is extremely bearish. The weekly level closes the bardo and the price has not been able to effectively stand above the MA5 daily moving average. The suppressed position above the daily level continues to move down , and has not been able to form an effective rebound. This week we need to focus on the support of the 7000 mark. If it is successfully broken, it is very likely to break through the 6500 line again. Today, Sanfeng’s thinking is very simple. You can enter the market directly near 7130 above. The market is changing rapidly. If the technical form does not change, you can operate according to the established ideas. Breaking positions will be arranged separately

1: The rebound can be short around 7150, fill the short at any point above 7250, and lose 100 points.

2: As for the point of entry, let’s see if the point of 7000 can be broken. If it can’t be broken, then we will be out of the market with an empty order, and enter the long order with a backhand. The loss is around 6880, and the target is around 7150-7200.

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