Uncle_Rich

Uncle_Rich

Today BTC price picked up to 34,000U. The current long/short ratio of the BTC contract is 0.87. The bearish mood is still strong. The 4-hour line shows a sideways; MA30, MA10 and MA5 lines are winding; Bollinger band narrowing; MACD showed a small golden cross; RSI and KDJ trend is flat. In the short term, MA10 line will become an important resistance. The market...

Uncle_Rich

The market has maintained a bunch of small drops since yesterday, with various bearish news coming out, which has caused quite severe panic. The long/short ratio of the BTC contract is 0.77, and short is dominating the market. According to the 4 hour-line, the market fluctuates slightly; the Bollinger bands are widening; and the RSI and KDJ turn down. In the short...

Uncle_Rich

There was a slump last weekend. Would have earned a bit if you have read the last BigONE Contract Daily. This time the price fell below 33,000U, which is still relatively low. The mining companies are closed and the miners selling off is one of the reasons. The long/short ratio of BTC contract is 0.92, and market confidence has recovered slightly. Technically,...

Uncle_Rich

BTC price has fallen, and there is a high probability that it will maintain a congestion trend. The congestion area is 37,000U-38,900U. The BTC contract long/short ratio is 0.92, and short positions are dominant. Looking at the 4-hour line, there is an obvious sideways trend; Bollinger bands are narrowing; KDJ and RSI turning down; MACD running above the zero...

Uncle_Rich

At present, the trading volume is not large, and individual investors generally have a wait-and-see attitude. The Market sentiment is a bit depressed. The price of BTC returns to 39,000U and will show a sideways trend near 39,500U. The BTC contract long/short ratio is 1.13. Looking at the 4-hour line, the Golden Cross is obvious; Bollinger Band is opening upwards;...

Uncle_Rich

With ups and downs, 40,000U has become an essential point. The trend is gradually narrowing. There is a high possibility of trend changing. The BTC contract long/short ratio is 0.96. Bearish mood dominates the market at the moment. Technically speaking, the 4-hour line and the Bollinger Band are widening. KDJ is in a downward trend; RSI is running smoothly; MACD...

Uncle_Rich

Recently, good news came out frequently, but after a small drop last night, there was a small panic. The BTC contract long/short ratio is 0.99. From a technical perspective, the MACD is below the zero axis; the Bollinger Bands open downwards, MA30, MA10, and MA5 are arranged in sequence; KDJ and RSI turn down. It seems that there is a callback trend in the short...

Uncle_Rich Updated 

BTC price hits 37600U, giving the market great confidence and El Salvadormo might be recorded in history. The number of bulls has burst a bit with about 3,500 points, and the mian trend would be upward lately. BTC contract long/short ratio is 1.33, the bull mood is strong. Technically, the Bollinger Bands open up; RSI and KDJ turn heads upwards; the golden cross...