BTC continues to fluctuate at a low level, can we wait for a big market on the weekend?

特邀专栏作者

2020-06-06 10:07

This article is about 723 words, reading the full article takes about 2 minutes

Although the current trend is fluctuating downwards, it is not difficult to find that after the needle was inserted downward on June 3, the price quickly turned back, and the story repeated itself on June 4. As a result, the price of Bitcoin has always r

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【BTC market review】

【BTC market analysis】

Looking at the daily line, the K-line closed down yesterday, the opening of the Bollinger track was running horizontally, and the currency price was oscillating above the Bollinger middle rail. The MA5 moving average turned down and crossed the MA10 moving average to form a dead cross phenomenon, and the currency price fluctuated below it. Currently It caused a certain suppression to the rise of the currency price. In the attached technical indicators, the MACD fast and slow line moves horizontally above the zero axis, and the bullish volume can be weakened. The RSI three lines are narrowly parallel below the 60 axis, and the KDJ dead fork diverges downward On the whole, the intraday trading volume indicators have not changed significantly, and the market trend is in a state of pressure. In the four-hour level chart, the Bollinger Bands closed, and the market has moved to the middle and lower rails of the Bollinger Bands in yesterday’s callback, and is now at 9625; the moving averages are running smoothly, the currency price falls below it and fluctuates, and the bearish sentiment is strong; From the current point of view, there are multiple resistance levels above. In the attached picture, the MACD fast-slow line is running near the zero axis, presenting a dead cross state; both RSI and Stoch are running with a downward attitude; it can be seen that the short-term market trend is dominated by callbacks and dips.

【BTC Operation Suggestions】