2018/1/12 currency trend analysis: the middle and short line is still not clear, short-term profit space is small.

in #bitcoin7 years ago

Today, January 12, 2018. The current price is $14,700. Yesterday, the price of the currency continued to fall, to a fall of $15,000. At present, the short - term is still not clear.
Looking at the daily chart, the price of the coin has been dipped twice to MA60, and the price of success has fallen further. But that does not mean that it is a short line, nor is it near the price tag. The support level cannot be called a inversion because it can be broken. Currently, indicators such as MACD and KDJ are still in the air.
Look at the 1 hour chart, although the price may appear double bottom, but the average is still very strong. MACD and KDJ are a little bit more. But the current price pattern is not enough to reverse the decline.
Therefore, days after the reversal of the profit space is small, ZhongDuanXian still need more time to shock, investors for investment currency spot, can wait patiently for a bigger market, contracts investors, too.
192214182.jpg
BCH, ETH (currency)
From the data of the currency, ETH showed a slight decline, 0.08BTC was a smaller support level, and 0.07BTC was the more important support level. From the day line, the early price continues to rise, at this time the correction is a normal phenomenon.
Although the BCH is going up, it will soon be adjusted, and the resistance level above is 0.25BTC, and the supporting position below is 0.15BTC.

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