Tang Sizhe: BTC callback continues to rise, focus on 1790 below ETH
Every time there is a pullback in the market, many friends panic. This is not necessary. Friends who enter the spot market just hold it. The author of Bitcoin predicts that there will be new highs. With the entry of large capital, the currency circle market It is extremely hot. Every day, some people are happy and some are worried. If you do it right, you must treat it with a normal mind. You must be rational in whatever suits you. You can’t do it blindly. Of course, let’s not talk about the losses. Summarize the experience, and then continue to improve your own trading system. Bitcoin continued to rise yesterday, the highest rose above 59,000, and it began to fall within a few days. It is currently expected to test the support of the 58,000 first-line position. As for the next step Let’s go, the author will do the analysis below, or pay attention to the official account Tang Sizhe to get it. The same is true for Ethereum. It rose first yesterday, reaching a peak around 1850 and then being blocked. It is currently expected to test the support of the position of 1790. I still say that In other words, the callback is just a small callback. The current market has not met the conditions for a big callback. The small callback is generally for a better rebound.
Let's analyze the market trend from a technical perspective, because BTC and ETH are the two currencies with the largest trading volume in the market. Our daily analysis is also based on these two currencies. As for the analysis of other currencies, you can private message I get it, there are currently two operating modes in the market, one is spot trading, and the other is contract trading. Friends who do spot trading generally hold for a long time and are not suitable for band trading. If they want to trade bands, they can do contracts. From the perspective of risk Generally speaking, the risk of the contract must be greater. The constant law of the investment market is that the risk is directly proportional to the return, and it is the same in the currency market.
3.18 Bitcoin (BTC) market analysis, there is nothing to say about the trend within the day, a wave of rise in the early morning, directly back to 59000, the previous decline basically returned to the original point overnight, the volatility is relatively large, and the current market is going down For testing, the market often comes relatively late, usually in the early hours of the morning, that is, when everyone is sleeping, and after the rise, you should be able to have a certain ability to judge after reading my analysis for so long. From the daily line, The Bollinger Bands remain flat, and the K-line fluctuates in the middle and upper bands of the Bollinger Bands. This situation shows that the market tends to fluctuate, and there is no condition for unilateral rise or fall. From the indicator MACD in the attached picture, there is resistance above the upward movement of bulls , so there will be a pullback in the market. This is the analysis in the general direction. Looking at the 4-hour line, the Bollinger Bands are also running flat. After the first line of the middle track of the forest belt, another positive column was closed, and it successfully touched the resistance of the first line of the upper track of the Bollinger belt. Then the market was blocked and fell back. It is currently testing the support at the position of 57800. Judging from these several pullbacks, the market The bulls are still relatively strong. Every time the market starts to go down, it starts to pull up, and the buying starts to exert force, which means that there is still a large amount of funds at the top. The main force has not withdrawn, which means that there will be new highs after the high point. Pay attention to the public No. Tang Sizhe can solve your doubts. Hourly online analysis shows that the market needs to step back. Below, first pay attention to the support of the 57500-57800 range. If it cannot break through this position, the market will continue to rebound. Comprehensive analysis shows that the short-term market has a callback Demand, but the buying power is strong, and the currency price will rebound if it does not go down. In terms of operation, everyone can do more in the range of 57500-57800. The target is to see the line of 58800-59000. Friends who are short can leave the market at the position of 57800 , Pay attention to the support strength.
3.18 Ethereum (ETH) market analysis, the trend of Ethereum completely follows the big pie. Speaking of this, I remembered a question asked by my friends. There are many small currencies in the market, and many people are doing it. It is risky, because the trading volume is not large, which means that the market trend is not very big. After you buy it, there may be no fluctuations or small fluctuations for a long time. In this case, I think it is meaningful to hold rice , I suggest that it is better to operate some mainstream currencies. Closer to home, let’s go back to the trend of Ethereum. According to the daily analysis, it has been running in yin and yang transactions for the past few days. Consolidation at a high level, but it is not difficult to see that the bullish momentum is also attenuating. It is still less likely that the market will go up all of a sudden in the near future. The author believes that there will be a wave of backstepping. , The callback trend is more obvious. In the lower part of the day, first pay attention to the support of the position of 1790. The upper part of the short order can also take profit and exit at this position. Look at the strength of the test. If it fails to break after many tests, you can go long.
Recently, FIL has been on the rise. Let me analyze it for you. Judging from the current situation, the bulls are still relatively strong. You can choose to enter the market. In the short term, there is a need for a callback. His trend is relatively normal, and it is basically affected. The impact of the big pie, once the big pie bulls start in the later stage, there will be a lot of space above FIL, and you can choose to cover your position in the short-term stepping back
