Bitcoin bulls are selling at high levels, and the trend has turned to volatility. It is recommended that some investors exit the market and wait and see!

Bitcoin bulls are selling at high levels, and the trend has turned to volatility. It is recommended that some investors exit the market and wait and see!

BTC

The daily chart closed with Pinbar, and the price was above the median. The trading volume was nearly doubled compared with the previous day. Combined with the previous large-scale sell-off, it is highly likely that the bulls took profits and left the market, and the operation of shipping is carried out. Although the bullish shipping will cause the price increase to stagnate and there will be some corrections, the current retail investors' bullish sentiment is still relatively serious (many people bottomed out at 15,000). These forces will push the price up again, but ultimately they cannot overcome the main force. At present, there is a relatively obvious shock pattern.

In the 4-hour chart, BTC's shock pattern is very obvious. The 15,600 resistance range is a short-term supply pressure level. In the medium and long term, it is still a slow bull market, but there is indeed a risk of a short-term correction! At the same time, we need to be vigilant. As the leader of this round of gains, once BTC starts to pull back, other weak currencies will definitely fall very badly (such as ETC and EOS). Those who hold positions should be careful.

Direction: Oscillating and bullish Support: 15000, 14600
Pressure: 15567, 16000


ETH

The daily chart closed with a pregnancy line, and the market sentiment is on the sidelines. The price touched 450 and the structural pressure took effect. Pay attention to the short-selling opportunities of the large-volume short signals near 460-480.

The 4-hour triangle is converging. Pay attention to the short-selling opportunities on the upper edge. If there is no fundamental support in the future, look for a downward breakthrough.

Direction: Oscillation support: 438.5, 425
Pressure: 452, 470

EOS

The daily chart of EOS shows fatigue. As analyzed yesterday, there is no operational value. You can choose other products with greater volatility and give up EOS temporarily.

LTC

LTC's daily chart fell back to the 8-day moving average support, breaking through the structure and falling back into place, closing in the bottom pattern for 2 consecutive days, considering going long.

The 4-hour trend is volatile and downward. Wait for the price to stabilize and reverse before entering the long position.

Direction: Oscillating and bullish Support: 57.25, 55.5
Pressure: 61, 63
Direction: Bearish Support: 4.86, 4.65
Pressure: 5.18, 5.41

ZEC

The expectations of production cuts are gradually being fulfilled and are expected to continue to rise. The key is when it will break through the downward trend line in the chart. As long as it does not fall below the key integer mark of 50, you can continue to hold and wait for the rise.

YFI

The bottom line of 8000 has been formed. The current idea is to go long on the pullback. The key support is 12150. If the price quickly rebounds to 17500-18500, you can go short and make a good profit.

DOT

The 4-hour trend is gradually converging. You can consider buying low and selling high, waiting for the future market direction to be determined.

Direction: Oscillation Support: 4.24, 3.87
Pressure: 4.48, 4.71


LINK

The rising channel is running perfectly. The main idea is to go long on pullback, and reduce positions accordingly when it reaches the upper edge of the channel.

Direction: Bullish Support: 12, 11.5
Pressure: 12.9, 13.6


UNI

UNI daily chart broke through the key pressure line and formed a bottom with a high probability. Pay attention to intraday long opportunities.

Direction: Bullish Support: 12, 11.5
Pressure: 12.9, 13.6

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