CryptosAZ

CryptosAZ

Everyone has to go short! In the current market, any indicators analysis is useless. the Chinese funds are moving out...no more news for cryptos this year. It is more likely to continue the bear trend. Short: $6,500-$6,550. Take profit: $6,200-$6,300 Don't enter the spot market, otherwise, you will be stuck with it till the beginning of next year... Follow to...

CryptosAZ

The 2 main reasons for the sharp decline for bitcoin: 1, Capital party needs year-end liquidation by withdrawing funds. 2, The shorts will use this opportunity to suck the chips. At present, our operation strategy is: prepare bullets, wait until the panic is over, and decisively take over the mainstream currency, in which BTC should account for 50% of the funds,...

CryptosAZ

Since reaching a dominant position of 69.35% on October 27, Bitcoin’s dominance has fallen to 65.9%, and more and more traders seem to have turned their attention to altcoins. Because many traders are squeezing their moving averages over their long-term decline trend line and 200-day price. In the end, the problem here seems to be a lack of interest due to low...

CryptosAZ

BTC once again tested the support of $8,000 yesterday then rebounded. However, the market wasn't able to complete the effective fall of this important psychological barrier in the second wave of the bottoming process. Recently, the market remains volatile above the support point. As the price rebound is also weak, BTC’s current stabilization is still not...

CryptosAZ

Market Review: Bitcoin dropped to $8,060 last night, which also led to a decline of the mainstream cryptocurrencies collectively. At present, the market price is $8,140. From the 4-hour chart, the downward trend is continuous and the sentiment is full of pessimistic. At present, the trend is rebounding, but still under the strong pressure of the short side, unable...

CryptosAZ

Market review: Like I said yesterday BTC has been oscillating around $8,500.the highest point was $8,600 while dropped rapidly. There was a pin on the long shadow line (100 points increase). Then began to decline all the way, the funds are not enough to support the trend to turn more, for the increase of the price just makes the bitcoin look more...

CryptosAZ

The trend of the recent market is boring for many long-term traders. But for those who trade in the short run have a substantial gain. Based on the four-hour chart, MACD bonding ran for a period of time and the opening went down at the zero track. A follow-up trend will continue to explore the downside. The current market has already moved to the middle and lower...

CryptosAZ Updated 

In the 4 hour chart, based on the current short-term technical indicators we can't just follow the direction of the bears. It seems that the strength in a wave of falling was not weak yesterday and MA5 had signs of turning heads up. Currently, it was stuck in the dead gold fork. Now the Kline has successfully stabilized above the MA5 and MA10. And the short-term...

CryptosAZ

News: The top three net outflows of funds are BTC (-$60.64 million), LTC ($-40.19 million), and MOF (-$35.31 million). Tech: there was a crossing point of MACD a few hours ago. DIF broke DEA and both are going up. BOLL is narrowing and the price soared above the upper band, the same as MA20. based on those signals we can expect a bulltrend. However, we should be...

CryptosAZ

BTC's trend began to decline in the early morning, and retreated from around $9,050, further approaching the $8,700. the lowest was around $8,738. Based on the MACD indicator, the fast line turns head down, and it takes some time to form a dead fork. The MA5 and MA10 moving averages keep parallel, and the RSI indicator also shows a downward trend. The Bollinger...

CryptosAZ

Bitcoin continues to fluctuate with no doubt. In the near future, there are always ups and downs lacking in continuity. The bulls have several good breakthrough opportunities, but the bullish trends were suppressed by the short side. The longer the situation like this, the more unfavorable for the bulls. At present, the external capital inflows in the market are...

CryptosAZ

From the one-hour chart, the Bollinger band is tight and the middle rail is down. The MACD forms a dead fork, which runs close to 0. the market doesn't have enough funds to support, it is expected that a short wave will be formed this evening. Watch near $9,100. Please pay attention to the risks in short-term operation. The general direction still remains...

CryptosAZ

The bottom of the daily line is raised, which shows a long support, and the short-line MACD is stronger on the zero-axis waiting for further high. The bottom of $285.4 is the key point of the support. If the price of the currency stabilized at $285.4, it will form a new round of rising prices. You could do high throwing and bargain hunting on this trend, then...

CryptosAZ

Bitcoin does not surge in the lead, but the decline is the leader. After the daily line skyrocketed, it has been horizontally in the Bollinger Band. The $10,000 becomes a difficult hurdle. No breaks and falls in the horizontal MACD while continuous horizontal movement will lead to a plunge in price. The support of the news has been exhausted. What we need to wait...

CryptosAZ

When the BTC trended up yesterday, it did not break through the resistance. Instead, it was suppressed by the shorts. Because of the lack of long push, the inability to resist the short-selling offensive led to a further drop to the new support $9,100, and the trend finally stopped at $9,111. This shows that the position below $9,100 is an important support...

CryptosAZ

Yesterday evening, after the BTC walked out of the triangle structure in the first few days, the first time it came out with a wave of rapid decline while the price briefly touched the short-term key support of the $8,970 and then immediately rebounded. It seems that there is a strong buying support at the $9,000 integer mark. As explained in the previous two...