China youbi digital assets limited
January 02, 2019
Fundamentals
With the coming of the new year and the baptism of encrypted currency last year, what is the future of encrypted currency? Let's review the performance of other major global assets in 2018.
As can be seen from the chart above, last year was a year of global disasters. The performance of most varieties was not ideal. The top of the list must be encrypted currency. More than 80% of the shrinkage of encrypted currency aggravated the winter snow. But this is only the situation of last year. What we need to pay attention to is tomorrow and the future. From the development of the basic application of block chain, the importance of encrypted currency countries, the perfection of supervision and framework suggestions, etc., all pave the way for the future. Unconsciously, the big brothers have shifted their focus to encrypted currency, because behind the panic of drastic shrinkage, there will be a lot of opportunities, except for the large number of active orders of BTC and ETH mentioned earlier. Recently, it has been reported that the big gold medal owners in Wuhan have started to copy the bottom of nearly one billion ETH. 2019 is bound to be an important year for the accelerated development of encrypted currency.
Technical aspect
BTC/USDT
Figure 1 Hour Trend Chart
On the first day of the New Year, BTC closed slightly. Because of the light holiday trading volume, it did not usher in a bright start. Today, we take a close look at the trend of BTC from a small cycle. From the box in the figure, we can see that the recent downward trend is gradually decreasing, but on the contrary, the rise is still relatively weak. There is strong support near 3660 below, and we can see that the price is at this level. To strong support, the key short-term pressure above is 3880, so radical investors can still gradually reduce their positions near the key support below 3660 3550 3440, combining with the Bullish Thinking of the big cycle we mentioned earlier, to absorb on the low side. Only standing on the 3880 front-line above, it is expected to open up more space, 4200 front-line high before the test.
ETH/USDT
Figure 1 Hour Trend Chart
The trend of ETH is obviously stronger than that of BTC. The price is always sorted above 128.7. It belongs to strong sorting. The probability of future market going up is higher. Taking the flag shape shape as an example, combined with the analysis of previous big cycle, we still need to consider the deep pullback of form failure before starting. So we buy in batches near the bottom of 128.7 box and the start point of the first wave of rise 111.5. Pressure 144 157
LTC/USDT
Figure 1 Hour Trend Chart
LTC's recent consolidation is triangular consolidation. It can be seen from the graph that the consolidation interval is getting smaller and smaller. With the consolidation figure in the box, the probability of going to the bottom of the head and shoulder is higher in the later period. So relying on the bottom buying near the upward trend line, the robust person will be tested back into the field after breaking up. The key neck line position is 36.3, which is an important pressure. Once broken, there will be a larger upward space and support below in the later period. Twenty-nine
27.5 Upper pressure 32.8 36.3 43.5 51
The above suggestions are for reference only.
The above is the 2010.01.01 Market Analysis we have listed for you. You can submit the following form to obtain more industry information we provide for you.
You can visit our website or contact us, and we will provide the latest consultation and solutions
Send Inquiry
Most Popular
lastest New
Send Inquiry
Inquiry Basket ( 0 )
