btc3017

btc3017

Like BTC, ETH is in the adjustment stage at this stage, and it is expected that there will be another week of adjustment. Investors can short or do more in the short term in the adjustment stage. Now it is near the resistance position, and there will be a short rise in the next two days. If you break through the resistance line, you should pay attention to the...

btc3017

After the rapid decline, Bitcoin is now in an adjustment stage. The upward channel after the sharp decline should rise slowly and will not rise sharply after the rapid decline. At present, investors can short or long in the channel. In the long term, the adjustment stage should last longer than the previous adjustment stage.

btc3017

According to the arc trend, I will short ETH in the short term and think its price can exceed $1,050. According to the larger arc trend, ETH has the opportunity to fall to $900 to the triple-digit price. ETH is in the stage of a bear market.

btc3017

Now that Bitcoin is in an adjustment stage, I expect the adjustment period to last until next week. Pay attention to the position of the previous decline, about $17,600. If the decline breaks through the previous decline, it means the end of the adjustment phase, Bitcoin will continue to fall.

btc3017

Recently, ETH has fluctuated between $1,800 and $1,280. However, the shape of the bottom of the head and shoulders and the breakthrough of the wedge line in the figure indicate that ETH will usher in upward space, with a chance to break through $1,280 and continue to rise, and return to $1,730 in early June. It need to pay attention that if the price fall breaks...

btc3017

According to the BTC_50WMA indication, Bitcoin has bottomed out, and the bottoming price is about 17,800 US dollars. According to the historical data of the index hitting the bottom (2015/1/12, 2018/12/3), we can know that Bitcoin is likely to have room to bottom out and rebound after hitting rock bottom in the future. Recently, Bitcoin fluctuates at 19,000 US...