China Yuhuan: Multi-day volatility trend is clearly coming to an end this week to open a large weekly market
According to According to TokenInsight data show, reflecting the overall performance of the industry chain block TI index Beijing Times April 18 8 491.0 points, up over the same period rose 0.57 points, or 0.12%. According to the monitoring display, BTC active address number and the number of transfers were expires earlier fell 0.2 percent and 10.42 percent. BCtrend analyst Jeffrey believes, BTC mining profit rate hit a high of November last year, short-term popularity will rise or push upward shocks BTC, but near the goal miners hedging bit heavy selling pressure. According to quantitative analysis BitUniverse, BCH 341 $ -278 $ fluctuated, the grid can buy low sell high profit.
Recalling the broader market yesterday, pulled a wave of morning and evening wave of correction, where he comes from and where to go is a range-bound market, after the minimum heuristic shock near 5150 open upward trend morning continue to move up. The current mainstream currencies other than the BCH other currencies Jie slightly upward, BCH BSV affected because of the recent upward weak, suppressed signs of weakness multi-force, have continued to fall in the space but the overall trend is bullish, driven by broader market in began upward trend, the current market to maintain a slight concussion upward trend, the amendment before yesterday fell overbought indicators, the overall trend on this to clear, which is to drop out better the next upward trend, to be able to successfully break above the resistance level, front Yuhuan also mentioned earlier that the timing of the cash hoard, it can now collect meter can continue to wait.
BTC market trend analysis: pie morning hit the front of resistance after a rebound pulled after touching near 5250 pullback after gaining close to 5210, the official start of the rally for now, the current direct the flow, then the callback number of strategies; day K-line arrangement the line was long, a few days ago the firm resistance region 5200 average density, the average upward convergence operation; FIG. 4H sub FIG indicators continue to call, credit price band running track near the Bollinger, RSI indicators into the strong region; FIG hours on a front resistance at around 5310, 5170 by the support, can not be too large an amount of morning, you may operate within this range, multi-oriented, contrarian pay attention to profit;
BTC operation strategy: first-line multi-touch 5200-5210, 5170 loss, see line 5270-5260; 5280-5290 hit line empty, damage 5320, see 5230-5240 line.
ETH market trend analysis: Ethernet has been vulnerable, but the past few days of the chain from the point of view of data more active inflow of funds and is in constant inflow, and friends have said, will not be particularly large inflow of funds into the etheric chain, only bridges slowly, because Ethernet as a public chain was only too obvious violence to suppress the main action, and finally to the point where it is possible to form a lose-lose, Ethernet pulled open this morning, pulled open from the vicinity of 166, the highest temptation to near 173, the moment a large room to rise, forming a moving average support near 165, breaking Brin bring rail on the 4H chart, Vice indicators are weak, but the overall trend is bullish run in the vicinity of 172 shocks, the date line, Ethernet there are pre-positions need to be patient, the current strategy callback to do more based;
ETH operation strategy: multi-touch close to 167-166, 164 losses, see line 172; 175-174 hit near empty, damaged 177, see 171-170 line.
Quotes changeable, uncertain point, the article content only and does not constitute investment advice, more real-time operating consulting and other currencies may be concerned about China Yuhuan. Has remained bullish view, but the market pulled up by a big margin in the morning, during the day is expected to remain volatile trading within a range, pay attention to the profits of the operation, the flow right side of the transaction, did not want to shake the delusion market.
Text / China Yuhuan