Zeus1110

Zeus1110

Now Bitcoin is formally start its short-term consolidation, moving range can temporary notice 41900~44000, at least for today, it's not easy to break this area. To sport traders, price moves to around 40000 is a good moment to enter as 39500~41000 has been proved to be an effective support area during the recent retracement(1h level). To future traders, here...

Zeus1110

1 . Weekly hot point overview a. Chinese Government throw out a big gun-------Exchange which registered overseas do business to mainland CHINA is ILLEGAL! What does this mean? In short term, this will hit the exchange like Huobi and OKEx whose major clients are in mainland. There users may have two choices, withdraw as soon as possible or transfer...

Zeus1110

Yesterday, i told that the resistance around 9200 is not easy to break, however, the price pumped slowly with a low level of bullish volume. The response of bulls are quickly, it's out of my expectation, as this pullback didn't accompany with a period of rest, this means that retail investors still try to push the price to a high level but the main force didn't...

Zeus1110

Today, i use 1hour level of chart to give a strategy as the trend enters the consolidation, the best trading strategy is to sell at the top and buy at the bottom, remember that the holding period should use hourly as the flucuation will be rapidly, longer holding period will increase the risk of losing. Therefore, trading around 9200~8200 is the current...

Zeus1110

From the chart, it's easy to see that trend is moving in the 4th wave, using theory of 5 waves theory, there should be the last bullish wave currently, however, the last bullish space shouldn't be expected too optimistic, investors could directly focus on 10500 if the next rebound can happen and stabilize on 10000. Halving will be end in today and the halving...

Zeus1110

Halving emotion is continue, also i keep thinking about the bullish, however, didn't think trend can break 9500~9800 in just a shor period of time, we could just say that the emotion is too strong, the trend almost increased without a real pullback. As the price pump above 10K, the pullback risk is also increased to a high level. Within today, there is two...

Zeus1110

Yesterday, bulls released funds to push the price in order to test the previous high around $9500, however, trend was suppressed just by $9400. This is a signal that bulls getting weakness which compared with the first time when testing $9500. The volume chart also shows this, as the rebound this time has an obvious lower level of volume than the prevous one,...

Zeus1110

Crypto market experienced an irritative night, next to the plunge in March. This is the current condition of crypto market, big range of the dump, big range of the pump. Several days ago, i although told that the halving may lead a period of pump indeed, however, the speed and strength for last night is what i can't imagine, the first target of my own opinion is...

Zeus1110

Currently, the short term trend of BTC is becoming hard to predict as some of the altcoins pumped a lot like XRP, LTC and ETC. However, to be the leader of the crypto, BTC and ETH didn't follow, we could only define these pumping as a single action of the main force, it's not easy for these coins to stabilize on the current level without the reply of BTC. To...

Zeus1110

From the strategy i gave yesterday, i said that it'a hard to break the current resistance level with the poor bullish volume, and it came true for today, trend failed to test $7800 again and bullish volume is getting smaller, so there is no more words to say as the trend doesn't change. Investors should notice that trend may won't fall immediately as big whales...

Zeus1110

www.tradingview.com In fact, the trend now is becoming more unpredictable, as the resistance around $7700~$7850 is still hard but seems like the support at $7400 is also great, this makes trading more difficult. However, as a daily level traders, i believe that pump possibility is bigger than dump as the market emotion has already getting warm and the most...

Zeus1110

www.tradingview.com ETH was also blocked when testing the upwards resistance level of $195. The reason why this point is defined as the key point is that the plunge in March was based on this price as a starting point, and the upper edge of the consolidation area before the big bullish last year. Thus it is meaningful if can break this point. In general, the...

Zeus1110

www.tradingview.com Bitcoin finally broken the long period consolidation trend, in my analysing strategy yesterday, i thought that breaking may happen at the weekend, now it's a little bit earlier than prediction, but doesn't matter, almost the same. So let's talk about the effectiveness of this breaking, many guys in may group guess that bullish is coming or...

Zeus1110

www.tradingview.com Yesterday when sharing the opinion in Telegram, many guys ask more about the activity can make any kind of affect to the trend of OKB, so my answer is still unchanged, a short term affect which can bee seen on the chart that price rised to almost $4.8 in just few hours, but the continuous long upper shadow also indicates that most buyers...

Zeus1110

www.tradingview.com Yesterday, i told that $6950 will be an effective axis line of this consolidation area for this month if the trend break through $6950, and now became the truth, and the upward resistance is still amaong $7200~$7300, and price was suppressed around $7200 is in expectation. Someone will ask me why i am sure about this, plz change ur sight to...

Zeus1110

www.tradingview.com The daily chart showing us a balanced strength of the bulls and bears, now it’s not easy to judge the short term trend, as MA(30) and MA(60) can be treated as the current daily support and resistance, my own opinion is that dump possibility is a little bit higher than pump till the end of this week. Remember if u guys want to open short for...

Zeus1110

www.tradingview.com Even if the trend of last night is defined by the hour level, it is not a decline. At best, it is a small-level pullback, which aims to correct the increase after the rebound on Thursday. It should be a profitable short-term trading category. From the perspective of the current trend, the short-term heavy selling volume is nearing its end....

Zeus1110

From the chart, we could find that the upper edge of the hourly bearish channel has been broken yesterday and the pullback also stabilize on it, it's possible to expect a further rebound. Bullish volume has a signal to increase and it's heavier than the bearish volume on Monday. 🚀BTC Trading signal: Pre-condition: Stabilize on $6900 after pullback ...