Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: DanielMidy on September 12, 2018, 05:20:57 AM
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I have some daily analysis info about cryptocurrency market/ price, especially for mainstream cryptocurrency like Bitcoin, ether, EOS, ETC, so I would like to share with all of you, hope you can get some insight opinion about cryptocurrency market. Also, you are welcome to post your opinion in the comment area. I will try to keep up the iinfo every day.
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Your analysis are welcome, but you have to remember that many experts has tried analyzing the crypto market and were not too certain about it. I think you should put in your best and see how it goes here.
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2018/9/12
Bitcoin
Bitcoin shows valitale sutiation again as of current, and the bullish sentiment is weak. We can notice that after 3-days rebound, it doesn't form the pattern of heavy volume again, which means it is difficult to see a sustained rebound given the limited upside funding. After few days of rebounding, We have to take more consideration of the upcoming risk. Bitcoin is still the vane of the entire market. Before the stablilization of Bitcoin, we must strickly control the position and reduce the unnecessary losses.
Judging from the previous lock zone, the chips are very intensive. At present, such a small amount can hardly break through this pressure zone. The overall market is still biased towards short positions, mainly to rebound and lighten up. If it can be put back to the chip-intensive area before the heavy volume. To consider to cover the position, after all, the current market is the second selling point after the breakthrough selling point, not buying points, the learning technology should be strictly used in actual combat, so that the gradual trade you make is a high probability event.
ETH
Still do not have their own market, if Bitcoin falls again, Ethereum is basically not too suspense will be linked down, so now is not a good time to bargain, continue to wait.
EOS
After the break, there was a small rebound for three consecutive days. It is not recommended to chase after the rise. The rebound of ETC will make people feel scared. The name of the bull market terminator is already very good. I don’t know if this small increase will trigger the fall of the Bitcoin again.
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I still don't understand your topic.
You want to offer information, but the information is not included in the topic, and only in the comment column. why not just edit the topic? so that other people understand and might discuss a lot here.
for my analysis, BTC will go up, but don't know when, because the red market has been going on for a long time, and will soon be green sooner or later, and ETH or EOS coins will follow the BTC movement.
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Good analysis and I appreciate that. But to be honest I don't believe in any method of analysis. Because in reality many people do the analysis and they don't get anything from the results of their analysis.
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I just saw the crypto market, in a market like bitcoin, Ethereum has slowly begun to rise, hopefully it's the beginning of Crypto's revival.
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I have some daily analysis info about cryptocurrency market/ price, especially for mainstream cryptocurrency like Bitcoin, ether, EOS, ETC, so I would like to share with all of you, hope you can get some insight opinion about cryptocurrency market. Also, you are welcome to post your opinion in the comment area. I will try to keep up the iinfo every day.
Your analysis may be needed in this forum to discuss crypto prices. I know analyzing is a difficult job, but if it's often done, I might become a pleasant job.
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2018/09/13
Remark: this analysis is for yesterday
The bear market wants to end, often accompanied by the belief that there will be no bull market, so whether it is chip theory, market sentiment or the bull-bear cycle, it can prove that it will not go to the bull market very quickly. So the only thing we can do in the bear market is to let ourselves survive, now the number of people who are still speculating in the world has dropped from a few million to tens of thousands, but I believe that even the current base can be reduced by 3-4 times to truly bottom out.
Bitcoin
The current BTC trading volume (https://citicoins.com/bitcoin/charts) is difficult to break the pressure, so it has laid a short-term shock trend, the shock range will probably be $6150-6375.
Eth
Eth prices (https://citicoins.com/ethereum/charts) are not enough to fall into a crazy fall. Today's volume can be put bigger. It is expected that the oversold rebound should come soon. It is not recommended to choose meat cutting or shorting at this time. There is a good short-term rebound.
LTC
LTC price (https://citicoins.com/litecoin/charts) also fell below the long-term cabinet and opened a new downtrend. As the founder frantically sold at $270, it basically shows that the coin is basically dead. From the current situation, there is still no sign of bargain-hunting. The trend will continue with the break, and there is no rush to the bottom.
EOS
EOS coin (https://citicoins.com/eos/) is relatively strong. Under the situation that the mainstream currency has plummeted, EOS has resisted the decline. However, as far as the current trend is concerned, the probability of realizing short-term inflation is not great, but the strength is strong, due to today’s contrarian Bitcoin is no longer carried down, EOS still has a chance to resist the bearish sentiment of cryptocurrency.
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i thnk everuythink big coin is still good to keep.
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2018/09/13
Remark: this analysis is for yesterday
Bitcoin
Bitcoin price trend (https://citicoins.com/bitcoin/charts) 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 (https://citicoins.com/ethereum/markets) 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 (https://citicoins.com/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 (https://citicoins.com/eos/markets) 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.
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Thanks that you share the information!! it isn't enough people who share good. It is very necessary for those who didn't study the technical analysis. Many beginners don't understand in trade