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The coin price in this position

October 8, 2021 133Browse 1Like 0Comments

Figure 1 10k-100k national day increased 25w bitcoin, large investors crazy absorption

Figure 2 Short-term holders have raised their heads, coin price rise is expected to continue.

Figure three Figure four liquidity supply decreased, the exchange coin volume continues to be low, the market supply is not large.

Morphology, yesterday's analysis to 2-3 days of sideways time, today still maintain the view of the oscillating market, the daily needs to wait for the MA5 to come up to step on, or even to go to insert the MA10, after all, is through the sharp pull up, there must be profit-taking discs appear, after absorbing these floating supply, before continuing upward. The big level is fine, after the breakthrough did not trigger a large-scale supply appeared, is a valid breakthrough. Intraday empty point 55000, more points on the 53000 near, depending on the small level trend to find more single advantage intervention position.

In addition, the chain earnings entity hit a new 5-month high, the position will be a certain change of hands; 1k-10k coin holdings have not changed much, sustained selling pressure has not appeared.

Conclusion: The coin price in this position, no matter horizontal or retracement, is to lay the foundation for the rise

Tags: bitcoin blockchain crypto currency crypto trading
Last updated:October 8, 2021

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