Where is the dawn of bitcoin's breakthrough

in hive-110112 •  4 years ago 

图片.png

According to sources, as of April 1, US Eastern time, the total scale of gray asset management rose to 46 billion US dollars.The trading price of GBTC was $50.87 per share, up 1.66% from the previous day. the transaction price of ETHE was $18.84 per share, up 5.31% from the previous day.

BTC market analysis:

Bitcoin's market maintained a high consolidation yesterday, and the price echoed in the range of 58000-59500 thousand points. The trend did not break the position upward as scheduled, but the callback still seized the opportunity.

Congratulations to your friends.At present, the market continues to fluctuate, the follow-up focus on the breakthrough of 59500 line, without breaking the current shock pattern unchanged.On the contrary, the market is expected to further explore upward, the price may break through 60000 level.

On the chart of daily line level, yesterday's trend was at the end of the negative line, and the price was under pressure near the position of 59650. The intraday bull sentiment began to weaken, and the market pressure entered the callback.At present, the 5-day and 10-day moving average still maintain an upward trend, but there is a strong pressure on the 59500 line, so the short-term operation is much lower, and the interval is still focused on the 59500-58000 area.

BTC operation strategy:

  1. Make short position when the price goes near 59500, stop loss: 59800, target profit 59000-58600
  2. If it breaks through the 58000, Make long position, stop loss: 57700, and target profit at 58600-58900

ETH market analysis:

The market of Ethereum yesterday maintained a choppy upward trend, and the price was positive with strong bull sentiment. Although a wave of strong intervention came out in the early morning of this year, the subsequent market recovery was also relatively strong. The price rose by 100 points in a short time. The current high position was under pressure at 1885, and the overall upward pattern remained unchanged. If the price could break through the 2000 level, then the upper space would be further opened,Gains are expected to continue.

According to the short cycle hour chart, the brin belt is in a closing posture. The market is operating in the middle and upper rail areas. The price range is constantly compressed, and the short-term upward force begins to weaken. It is expected that the market will take a wave of consolidation. Therefore, it is not recommended to blindly pursue the rise before breaking the 2000 mark.Robust callback to do long, rebound empty sheet as a supplement.

ETH operation strategy:

  1. Make short position when the price rebounds 1985, stop-losses: 2000, target profit: 1960
  2. If it breaks through the 1950, Make long position, stop loss: 1935, and target profit at 1980

The analysis is time-sensitive, and the posting is always delayed, so please take the real-time market as the standard. Re-emphasize, do a good job in risk control, no matter how well you judge the future market, you must control your stop loss and target profit!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Nice work, With bitcoin dominance dropping below 60% now I think we are are starting a new alt run. Just created a blog in cryptodog on it looking for some feedback, if you check it out I would appreciate it