Can false news and real breakthroughs continue to rise?

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4 years ago

As soon as the market rises, the ox, ghost, and snake are about to dispatch again. Still, don't be blinded by the things in front of you, it's almost the New Year, and you have packed the money in your pocket, be careful not to be taken away. As soon as we were young, we were about to celebrate the New Year. When we went out, we really covered our wallets. Because there were so many thieves and they were very daring. Many people did n’t have the money to go home. People with money. The times have changed. Everyone has no money in their pockets and their phones are no longer valuable. Thieves also have to use high technology. So many people use all kinds of clothing to use theft from the Internet. We call them scammers. This scammer years ago There are many. With good market, it is very likely to appear in batches, so please recognize the reality and don't play with the mentality of gambling, because years ago, other people wanted to buy one more than you.

The market is basically in line with our expectations. Today there is not much news between the United States and Iran. Gold and crude oil have fallen back a bit, but Bitcoin has broken through the 7600 mark and reached the integer pressure zone of 8000. Many times, false news will trigger true breakthroughs. For example, on April 1, last year, a false news of ETF triggered a big wave rise.

Market analysis

Bitcoin:

Bitcoin broke through the very important pressure of 7600, liberating many people who were pinned by pins before, and this wave was a breakthrough in volume, so we will temporarily understand him as a true breakthrough.

This is a 4-hour chart of bitcoin. Today, the price of the currency breaks through the area where the pin was inserted 6 times before. Do you remember a word that madmen used to say, "Stop you, if you give me a solution "It means that there is still a chance for growth." However, the price of the currency at 8000 is stressful after all, and a certain change of hands is needed after breaking through the chip-intensive area, so a two-day shock in the 7600-8000 area will be a very healthy trend.

In other words, if it is determined that the 7600 stands firm in these 1-2 days, then the market outlook should march toward the above 9000 position. In turn, if the 7600 is effectively broken again, it can basically be concluded that the fake breakthrough caused by fake news.

After the market is digested at 7600-8000, entering the 9000 is a high-probability event, because from the weekly perspective, the space for rebound still exists, and the whole should be stepped back. 7600 bargain-hunting mainly based on stop loss can be set around 7550.

ETH:

This rise in Bitcoin has wilted all other currencies, indicating that the funds in the market are not sufficient, so it can be treated as a rebound. In the near future, funds of mainstream currencies will return to Bitcoin, and Ethereum will continue to be weakly linked .

XRP:

He is going to make up for the market, so when Bitcoin is back on track, he will weaken. Bitcoin can relay the market, indicating that this probability is a new wave of market. Ripple only has to wait for an opportunity. It is recommended to find an opportunity. Switch to a strong coin.

LTC:

If it can rise to 46.5-47 in the near future, we will consider it for two days. Now we will not participate.

BCH:

Hold along the 5th line, the current trend is relatively healthy, do not rush to jump.

EOS:

2.8 is a relatively strong pressure. This position can resist today, just keep holding it.

ETC:

After hitting a strong pressure zone of 4.8-5 blocks, the amount of energy can continue to be enlarged. After changing hands, there is a chance to continue upward.

DASH:

Wait to step back on the 5th line before participating, don't chase high.

If there is a market for this wave, it is still necessary to rely on the big cake. After the big cake is attacked, other mainstream coins can really come up. The more powerful mainstream coins are still those mining coins such as BTC, DASH, ETC, BCH Wait.

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