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Cryptocurrency discussions / Re: Cryptocurrency market sentiment analysis
« on: September 14, 2018, 04:57:12 PM »
2018/09/13
Remark: this analysis is for yesterday
Bitcoin
Bitcoin price trend is basically the same as yesterday's analysis, and the shock range is moved up to 6280-6480.
Ethereum
Eth has gone out of the market of oversold rebound. Today, the Ether transaction volume in bittrex is bigger than bitcoin. This is a very rare phenomenon. If I remember correctly, this is the second time that the exchange’s second-day trading volume of Ethereum is greater than Bitcoin. In any case, we can see that there is a rebound indicator of the shadow of the daily line on the daily line, indicating that the oversold rebound has begun:
In the past two days, in the analysis of yesterday's market, it can be seen that the amount can be amplified more seriously, and there is already an oversold state in the short-term. Therefore, I suggest that there will be an oversold rebound here. It is not appropriate to stop loss or short. This is the logic of yesterday’s low position. It is very simple and effective. I hope everyone can learn.
Ethereum's current top pressure is around 230, and it is expected to challenge the pressure level in the short-term with the oversold rebound.
ADA
Also yesterday, there was a small amount of shadows, but today's power has slowed down noticeably, and yesterday's lower shadow line is not crisp enough. The rebound momentum of the market will be weaker than Ethereum.
NEO
The amount of rebound is limited, the persistence is not strong, and the pressure is 19.2.
EOS
There was a certain amount of heavy volume in this position today, indicating that the support of the position has already taken effect. After a few days, there isn't any downtrend after a long-term sideways market. On the contrary, EOS market has up-trend sentiment, as the overall market recovers, especially The market led by ETH is picking up. The mainstream currency should be mainly rebounded. The short-term bitcoin is more stable in this position. Therefore, EOS looks shocked in the short-term. Because there are more pressures on the top, the probability of direct pull-up is also small. A steady rise is the healthiest trend at this time.
Remark: this analysis is for yesterday
Bitcoin
Bitcoin price trend is basically the same as yesterday's analysis, and the shock range is moved up to 6280-6480.
Ethereum
Eth has gone out of the market of oversold rebound. Today, the Ether transaction volume in bittrex is bigger than bitcoin. This is a very rare phenomenon. If I remember correctly, this is the second time that the exchange’s second-day trading volume of Ethereum is greater than Bitcoin. In any case, we can see that there is a rebound indicator of the shadow of the daily line on the daily line, indicating that the oversold rebound has begun:
In the past two days, in the analysis of yesterday's market, it can be seen that the amount can be amplified more seriously, and there is already an oversold state in the short-term. Therefore, I suggest that there will be an oversold rebound here. It is not appropriate to stop loss or short. This is the logic of yesterday’s low position. It is very simple and effective. I hope everyone can learn.
Ethereum's current top pressure is around 230, and it is expected to challenge the pressure level in the short-term with the oversold rebound.
ADA
Also yesterday, there was a small amount of shadows, but today's power has slowed down noticeably, and yesterday's lower shadow line is not crisp enough. The rebound momentum of the market will be weaker than Ethereum.
NEO
The amount of rebound is limited, the persistence is not strong, and the pressure is 19.2.
EOS
There was a certain amount of heavy volume in this position today, indicating that the support of the position has already taken effect. After a few days, there isn't any downtrend after a long-term sideways market. On the contrary, EOS market has up-trend sentiment, as the overall market recovers, especially The market led by ETH is picking up. The mainstream currency should be mainly rebounded. The short-term bitcoin is more stable in this position. Therefore, EOS looks shocked in the short-term. Because there are more pressures on the top, the probability of direct pull-up is also small. A steady rise is the healthiest trend at this time.