BTC rushed up and fell back, waiting for the bottom to be confirmed again
Friday, December 20, 2019
【News】
【News】
In the future, there will be new financial competition represented by digital currency
【Market review】
【Market review】
【Technical】
【Technical】
BTC market review: Yesterday the pie opened high and went high. The price began to rise sharply after a short break at 6800. The middle rail of the Bollinger Bands rose. MACD cooperated with the golden cross. The highest price rose to around 7400, and then quickly pulled back to the 7100 line. The broader market began to enter the recovery phase.
Today’s analysis: Today’s pancakes open and go flat. From the analysis of the current half-hour k-line chart, the moving average is shifting, the Bollinger bands are parallel, and there are only fluctuations of less than 100 points. Therefore, investors are advised to wait and see for the time being, and wait for the market to give a clear direction before Perform entry operation. The upper pressure is 7250, and the lower support is 7000.
Late forecast: In the later period, the price is likely to step back to the line of 6900, and the minimum defense is around 6800. If the price can be pulled back to around 6800, aggressive investors can choose to enter the market with more orders. If it directly and effectively breaks through 7300, you can take advantage of the trend to enter the market with more orders.
ETH market review: After the prince stood firm at 126.0 in early trading yesterday, the bulls continued to counterattack and violently pulled up. The price rushed to around 134.0 and was resisted, and then quickly fell back to near the previous starting and falling point, and finally fluctuated in the range of 129.0~126.0 tidy.
Today's analysis: So far, the price of Prince Edward still has no obvious direction. The upper pressure is 128.0, the lower support is 125.0, the Bollinger Bands are in a state of parallel translation, and the half-hour MACD is sticky. Aggressive investors can wait for the price to effectively break through the upper pressure or lower support. After that, enter the market and operate with the trend.
Late forecast: If the price can effectively fall below 125.0 in the later period, aggressive investors can choose to enter the market with short orders. If the price can be given around 122, they can enter the market with backhanded long orders.
XRP Market Review: Ripple’s opening price stood above 0.1870 yesterday, and was above the 60-day moving average. At the same time, the MACd Jincha cooperated, the bulls’ sentiment was still strong, and they pulled up again, and finally encountered resistance around 0.1980, and then the price began to retreat to around 0.1880. Shock fix.
Today's analysis: According to the analysis of the half-hour K-line chart, today Ripple's trend is in a volatile downward trend, with an upper pressure of 0.1900 and a lower support of 0.8350. Aggressive investors can choose to sell high and sell low in this range.
Late forecast: If the price can drop to around 0.1800 again in the later period, you can choose to enter the market with multiple orders. If the price directly breaks through 0.1890, aggressive investors can choose to enter the market with multiple orders.
LTC Market Review: Grapefruit Coin continued its previous unilateral rise yesterday, and the price soared to around 41.50. The bulls were weak, and the price quickly fell back to around the previous starting and falling point of 39.00, and then began to fluctuate within a narrow range of 40.00~39.00 consolidation.
Today's analysis: According to the current half-hour k-line chart, the price still fails to jump out of the range of 40.00~39.00. Therefore, investors are advised not to enter the market blindly. However, if the price rebounds again in the later period and cannot break through 39.50, you can choose to enter the market with multiple orders. Steady investors can wait for the price to actually break through 40.00 and choose to enter the market with long orders.
Late forecast: According to the analysis of the current daily chart, the previous price has fallen to near the rising point from the beginning of 2019. This position is also an important neckline position. If the price can stop falling and stabilize at this position, then the later period is very likely , counterattacked and pulled up, again, rebounded to around 60.00, and then was suppressed by the middle rail of the Bollinger Bands, stepped back to 49.00, the bulls counterattacked again, it is very likely to directly break through 60.00, and there is a high probability that it will be around 80.00.
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.
