Major Coin Outlook (2020. 07. 07)

Bitcoin has continued to converge for a long time since April 30th. As a result, the target range is gradually narrowing, and so far it is not oriented enough to provide a firm buying/selling strategy. But at least as recent gains in international index stocks like NASDAQ have been noticed, it's better to place a little more weight on upward movement than downward possibility. As the second attempt to break through the four-hour-bar 120-pyeong line has emerged since the departure of the 05/10 long-term support line, we believe that the rise in index items will serve as an opportunity to confirm the upward direction in the near future.

1. Bitcoin

Bitcoin is not enjoying so much except for high magnification as the volume of transactions and price range is gradually. Therefore, it is much better in terms of profit and loss ratio to simply wait in kind or sell other items before the introduction of directionality. But today after 5:00 p.m., the upward buying tested the 120-pyong mark, ending with little of the top end. As a result, they may be looking for a second Golden Cross appearance, and it is not a mid-term position to take risks from the current segment. If you look at it more safely, this week's plastered movement will allow you to enter the lower EP section.

1. Ethereum

Ethereum is rising with a stronger direction than Bitcoin. Lee Pyong-sun's sudden attempt to golden cross is seen, and it is rising due to a peak closing of 231.5 or higher at 05:00 on the 2nd. For this reason, those who want to enter the intermediate store can also take risks in the present, and if they expect to adjust their movements in the field, they can try to enter the Fibonacci range of 231 to 229.5. Of course, it's still hard to judge from a long-term perspective, so I want to make it clear that it's a risky entry.

1. Bitcoin Cash

Vicar closed above the 06/02 17 o'clock resistance line, and no fixed top-end finish for the 4 hour bar 120 bifurcation has been made yet. Therefore, it is recommended to enter the position after dressing up and to respond to the low scale by opening the existing section 225.6. Overall, we're going to give you a briefing just like the bit and Ethel, but the buying perspective itself is not going to follow the big deal, so if you get a little more careful, you'll be able to meet the profit-and-loss ratio from EP2.