Ten thousand coins return, only the big cake is in sight!
705 breaks through the high consolidation platform and hits the lowest needle to 53485.93 US dollars! Does the entire 130-day head and shoulders bottom pattern still exist?
Obviously it was pierced by the needle that poked the eye!
In the big trend, it still looks like a head and shoulders bottom pattern! But it has pierced the previous low callback height! The complete head and shoulders bottom pattern before the whole rise seems to be more deformed!
Now it looks more like a double peak structure on a high consolidation platform!
Indicators and patterns are never the basis for absolute guidance of results, but as a judgment of subsequent trends, they can constitute a condition!
Although #BTC走势分析 has barely recovered around 56550, it has not stood firmly above the 56550 platform! The short trend has not changed effectively, but the deviation of the EMA indicator has been repaired!
Often this kind of indicator repair needs to be repaired by sideways consolidation or sideways shock!
The two days of the weekend will be in the range of 58000-55200 for consolidation!
If the trend breaks through 58000 on Monday, we can see the short-term bullish trend! If it is still in the process of repair or falls below 55200, the bearish sentiment brought on Friday will continue!
#Mt.Gox将启动偿还计划 #美联储何时降息？ At present, some banks and US securities analysts have analyzed that the United States may usher in two interest rate cuts in 24 years this year. It is speculated that the first one will be in August-September, and there will be another one in November-December at the end of the year!
Regardless of the expectations of this interest rate cut, the fundamentals are here, and no one can change it! The bull market is still the bull market! Although the medium-term situation has come out of the negative situation, it will not change at least one interest rate cut this year! At that time, it will push the market to the frenzy period in the second half of the bull market!
We just need to cover our positions, don't be thrown off the car, and wait for the cycle! Honestly hold and cover the spot! Do the big cycle! Although there are not as many opportunities to make money as short-term and ultra-short, but let's be fair, do we have the strength to constantly seize short-term profit opportunities? Won't we lose money? Will we fall before dawn? The answer is that only doing medium and long cycles is the best choice for you as a non-professional trader!
#meme板块关注热点 #山寨币热点
Follow Brother Chen and don't get lost! Like and comment to increase wealth!
