Hello traders. AKG's analysis of the comparison of the BTC is as follows 1. This market is almost 100% similar to the 2017 bitcoin super bull market. It can be seen from the 0-5 process that the trend of this bitcoin is almost a smaller version of the previous trend. 2. The current trend is in the blue rectangular range, and the price is in the rebound trend. How...
Still below 7100, Bitcoin price will continue to fall, and may retest 6850 support level
The weekly support channel has fallen below, 7700 become an important pressure level. The bottom support is currently 7000. According to historical trends, the daily level has a bottom divergence to stabilize, players need to wait patiently and leave with profit. Recommended rest and preparation for Thanksgiving! Key points: 7000 is the support level 7400-7600...
Bitcoin prices continue to be supported around 8000, and blocked near the pressure level of the 1-hour decline trend line, where need an upsurge. If the upsurge does not occur, the price trend will continue to be unfavorable for bulls. The shock of shrinking trading volume is not conducive to the construction of the bottom. The activity of the trading is...
The short-term trend is a weak rebound, which has not yet rebounded back to the down channel At present, the price is blocked near the fast falling trend line. In order to continue to rebound, we need a vertical demand column with large volume Less and less time for bulls
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The range of compound start from 13970,which include a few forms: Weekly level :Bull channel (Primary principle) Daily level:Bear channel, Bear triangle, Head shoulder, M form Major fundamental events involved in the compound:Chinese all in blockchain ———————————————————————————————————————————————————————————————— 2019-8-21 The head shoulder formed 2019-8-26...
The market continues to fall, and these market lines deserve investors' attention: 1. The differentiation of the USDT and USD platform trading volume, the trading volume of the USD platform represented by Coinbase is still sluggish, and the USDT platform represented by the Binance is active, which is also the gathering place of the market selling pressure....
The American and Europe market continues to be dominated by longer. But the Binance is bears camp and that bears are crushing the market. For the technical analysis, the 8650 constitute a variety of technical forms of support, which will be the long and short fighting position for this week. Investors should take care this trading opportunity, which is...
Hello traders, bitcoin market has the following characteristics at present: 1.9450-9550 stable supply and heavy resistance 2. The number of 9200-9450 buyers is insufficient and the support is weak 3.9000-9200 is the current main demand range It's hard to break the 9000-9400 range as the market remains deadlocked in the day
Investors bought in the past few days continue to wait, the market has no fluctuation, and no new ideas. The volume does not give any signal, and the market continues to slump. On the other hand, the market profit effect continues to dissipate, investors need to avoid this market, and wait the trend. Key points: 9000-9100 is the support line 9450-9550...
Bitcoin showed different volume results on USD exchanges and USDT exchanges. USD exchanges volume continued to shrink, and trading was extremely sluggish. Buy USDT exchanges were extremely active, and USDT exchanges’ bitcoin price showed a significant negative premium. The big Asian holders continue to sell bitcoin, the USD players are at rest on...
Continue to shrink adjustment, the market has no obvious fluctuations, investors need pay attention to the support line near 9100, the market may change the bull to bear around 8600, and the shock to turn bull watershed in the 9550 line. For now, the market is currently in the middle of the mountain, and not recommended Investors are aggressively...
Any short-term pattern will go to the end, the volume will shrink, and the pulse-type orders will gradually increase. The market that investors see may not be the real market, and it is just an alternative performance of market sideways fluctuations. It is recommended that bitcoin traders pay attention to October market and ambush around the support...
The fund that pump Bitcoin price from 4000 to 5000 is coming back, and they use same methods to pump. In fact, the funds have already prepared and been eager to try pump, the new come from Xi is just an introduction. Unsettled funds will return to the market again, and investors can adopt the half-position to do trading and wait for the trend to expand. Next...
. The price has touched the key point of the weekly level (the lower line of the rising channel), and directly penetrated the 7800-8500 range that lasted for nearly one month. At present, the 7500 has no obvious signs of stabilization. The shape of the shoulder is risky. The market is very anxious and the long-term ratio of positions in the market is rising. The...
Bitcoin price broke down again last night. The price has touched the key point of the weekly level (the lower line of the rising channel), and directly penetrated the 7800-8500 range that lasted for nearly one month. At present, the 7500 has no obvious signs of stabilization. The shape of the shoulder is risky. The market is very anxious and the long-term ratio of...
If Bitcoin want to keep upward trend, it needs a steady increase in the daily-level trading volume and constantly new HH. But once Bitcoin has a slight increase in trading volume, the big sell order will appear and show the trend of ‘fake bull flag’. For now, the Bitcoin price is not the most important factor, trading volume becomes the decision...