Although the digital currency market as a whole is subject to bitcoin, it can also be divided. At present, the market basically forms the dominant trend of bitcoin, while altcoin, Taiwan dollar and "mainstream" COINS fight for themselves. Altcoin, as it is called here, is a digital currency that excludes the market value of $1 billion. It is also a general term...
The box was originally predicted a week ago, but it was not broken until yesterday. So far we've seen no all-clear. We see that there is no support, no construction of the bottom. This position is very risky if you rush in, which is why I emphasize the risk of trading on the left, the logic of entering on the right. Macd confirmed today whether it is...
Stimulated by the news of Chinese blockchain at the end of the month, BTC fell into a box trend with a wide range of shock after its violent rise, which lasted for 12 days. During this period, altcoin rose sharply with an impressive rise, so that in the past 48 hours, many investors who held BTC began to lose their loneliness and threw themselves into altcoin's...
This morning, I discussed altcoin's hype logic. At least, I still haven't seen a reasonable hype basis. As for the news that some media pondered, I think it is too far-fetched. Although I also worked in the media, but for China's block chain information released to the media, I think to be cautious, because the media is not "the central committee of the...
As of 8:30 am on November 6, the total market value of digital currency is $2428.1 billion, excluding bitcoin, which is $74.8 billion. This wave of market, we have seen an obvious phenomenon, is speculation altcoin. As bitcoin's share has declined, many previously committed bitcoin holders have begun to wonder if there is something wrong with them. Start selling...
Today, the a50 futures index of Singapore hit a new high in 2019, which represents the Chinese blue chip stocks. In the past four years, the index has been showing strong characteristics. A big convergence triangle has reached the end, and if it breaks through 15000, it will form a breakthrough trend. We know that China is revamping A series of financial...
In the past two days, I have seen a lot of opinions, which define this as "triangular" arrangement (wedge arrangement). Moreover, I keep revising the lower edge. If I follow this analysis, there will be many problems. In fact, the judgment of whether this is a "triangle" arrangement or a box depends mainly on the judgment of point b. if point B is too low, the...
On 26th, I analyzed the trend of bitcoin and compared it with the trend of last year. Now we see that bitcoin is indeed at an impasse, and the market has turned to speculation about fake COINS. Today, the news of bitcoin cash dominates the screen and even bloomberg is on the home page, which shows the growing influence of digital currency in the world. I think it...
On October 15, 2018, I was having dinner at noon, WeChat from a friend, a tether had an accident, some people in them, like the plague in the news spread quickly on the market, I was the first feeling this should not be a simple message, should be somebody in the release of the news, because two days before just tumbling prices, the market is weakening, creating...
As soon as the post was posted this morning, bitcoin broke the trend line, but does that break mean the bull market has started? I'm sticking to my view that I don't see any bull market signs here, and I prefer a rebound. Although the trend line break, but is not without similar cases in history, and at the beginning of 2018, the currency $20000 after peak, was a...
Yesterday there was a so-called great fortune in the market diffusion, although the news out is not yesterday, but the main launch market is yesterday, so you can also understand that someone has known the news on the 23rd, ahead of time hit. But from a technical point of view, the downward break here is real and there is a lot of selling, but yesterday's rebound,...
Last week, when we analyzed the bitcoin adjustment target, it was estimated that a lot of people were still hopeful about $7,700 and where the bottom could be built, so I repeatedly stressed in the article that don't make predictions on the left, any transaction should rely on signals on the right. Yesterday's break, whether fb or not, I think from the trade,...
Last year, I analyzed the prospect of A bull market in China's a-shares. The current view remains the same. In the next 10 years, China's stock market will be the hottest asset in the world. Logic is as follows 1. The globalization of a-shares is accelerating, and the new foreign capital access system leads to more capital flowing into a-shares. Msci, s&p,...
I have introduced to you a short line tool, a very practical "n-word wave" battle method, which is evolved from the wave theory. The logic is to simplify the cumbersome and uncertain wave theory and make it easier for you to operate. In practice, this technique is very suitable for short-term operations, especially contract trading, because huge profits can be...
Recently, I have seen many people refer to the trend of the end of 2018 as a reference. In fact, I made a comparison a month ago. But here is not the end of the decline, has seen the bottom? First of all, I should be a relatively firm bear, because I don't agree with the so-called bull market of bitcoin "halving the reward" on the big logic. Since 80...
I did an analysis in July and concluded that the chart had a double-headed shape at that time, and I predicted that the adjustment target would be around $6,380. At present, this possibility is increasing. If we look at the graph, it's forming a box, between $7,688 and $8,821. If you do not break the box, should maintain a shock trend, if the lower below...
Over the weekend, bitcoin faced a very big challenge, with the wma36 (weekly moving average) at $7,828 and the current price at $7,900, very close. If this week's close can not close high, next week's opening face below wma36 situation, so the short term we have to be very careful, although we see some signs of deviation in the time chart, but it does not mean...
Bitcoin short term into anxious state, although at present in the big form is still in the $8,700 - $7,700 this box, but short term trading opportunities are not very much, because ma6 and ma18 formed a very narrow Angle, the main dollar has enough space to play, so at present we can only see retail investors in the chase. In fact most of the time, trading should...