BTC market trend chart
The market continues to be anxious and oscillating. Looking at the four-hour trend, the support line formed by the intensive return of the chips below is in the area of 33000, which is a short-term support area. The upper high-point suppressions are connected in turn to form a suppression line. The suppression area of this suppression line is 35500-36000, which happens to be around the four-hour Bollinger rail, which can be regarded as a high-throwing point. At present, affected by the bad news, the overall trend is weak. It is expected that the probability of continued weak fluctuations in the 33000-35500 region is relatively high. In operation, the temporary bottom position is operated. If there is no market, it will continue to lie flat, and the daily volume will break through the 30-day lifeline before considering taking the market. . Pressure level: 35300, support level: 33000.
ETH market trend chart
ETH has broken through the suppression of the multi-day moving average on the daily line, and the MACD has oscillated upward to zero, and the overall trend is relatively strong. In four hours, the current pressure on the top is in the area of 2380, the previous wave high. The upgrade of Ethereum is postponed to early August. The positive expectations are still there. The logic remains unchanged. The support below four hours is in the area of 2240. You can consider stepping back on the support. After sucking low. Pressure level: 2400, support level: 2240.
LTC market trend chart
LTC’s recent daily line has been oscillating and flattening against the Bollinger mid-rail line, and the price has seen a bottom divergence. The short-term upward pressure is around the 30-day line 147, and the support area is around the four-hour Bollinger lower rail 133. The short-term operation is Mainly, you can buy low below 135, and you can consider selling high near 147. Pressure level: 147, support level: 135.
DOT market trend chart
DOT and MACD are moving at a low position. From the daily point of view, they are currently trying to break through the Bollinger mid-track suppression. Once this position breaks through the heavy volume, then the next target will be the 18.6 area. Operation can hold currency, but can not enter the bottom position first. Pressure level: 17, support level: 15.3.
Posted by:CoinYuppie，Reprinted with attribution to:https://coinyuppie.com/analyst-sees-the-market-outlook-the-market-is-anxious-and-shocked-and-small-currencies-may-usher-in-a-round-of-opportunities/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.