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Home > Industry Information > 2018.12.17fundamental plane

Industry Information

2018.12.17fundamental plane

2018-12-17 03:28:39

Not long ago, the EU called on the region to actively adopt block chain technology. The legislature adopted a resolution entitled "Block Chain: Forward-looking Trade Policy", which describes how emerging technologies can improve EU trade policies, including free trade and mutual recognition agreements. In France, two French parliamentarians put forward many suggestions on the development of the encryption currency industry, aiming to make France the backbone of the encryption currency industry. One suggestion is to lower the price of electricity for mining in encrypted currency. France must have its own mine and spend 500 million francs to develop the sector chain industry. In addition, the Singapore government carefully promotes the safe development of the block chain. As an international financial center in Southeast Asia, Singapore has been committed to becoming a financial and technological hub in Southeast Asia and even in the Asia-Pacific region. The Singapore government has taken a cautious attitude towards the block chain which has attracted much attention in financial science and technology. While supporting and promoting its development, it has keenly formulated strict supervision measures to ensure the safety and rapid development of the block chain, and participated in the training of talents in the block chain in Colleges and universities.

Technical aspect



Figure 4 Hour Trend Chart
Yesterday, the currency price rebounded slightly, but still in the channel below the track, did not touch the track, the rebound is still very weak, there are still signs of continued decline in the future, MACD indicators, still did not destroy two deviations, from the strength of the rebound, this time there is still a high probability of new low. The key support below is lowered to 3080 2860 over time. The key pressure above is seen first in the middle rail and then in the descending pressure line 3250 3560.



Figure 4 Hour Trend Chart
Unlike BTC, the trend of ETH is slightly stronger than that of BTC. From the scope of downward channel consolidation, we can see that ETH is above the mid-rail. So we do not exclude the possibility that ETH will go up directly. However, from the trend of MACD, on the one hand, it is still below the zero axis, on the other hand, it still needs a fast downward trend to establish two deviations. The downward focus is on 65 and 72 front-line support, such as direct upward support. Pay attention to the gains and losses of the front line of pressure 95. If we stand on the price level, we will hopefully open up the upper space. After standing on the front line of pressure 95, the upper pressure 105 120.



Figure 4 Hour Trend Chart

Today, we should focus on the strong XRP that we have been concerned about before, that is, the LTC that performed best yesterday. From the figure, we can see that there is a rapid rise in the level of 4 hours, and break the red downward pressure line at one stroke. Whether the future market can continue to rise, thus launching a reversal trend, we need to see whether the future market can stabilize the key price. As for the current trend, the macro environment is still in decline. The four-hour MACD bottom deviation forms and crosses the zero axis. The bulls begin to take the initiative. There are two kinds of evolution probability in the future market. One is the strong upward trend above 25, the other is the double bottom exploration, test support. Combined with the performance of other mainstream currencies, the currency can adopt a tentative buying strategy and prepare for the low position. Replenish warehouse, lower reference support 23.5 22, upper pressure 28.5 31 35

The above suggestions are for reference only.

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