CryptosAZ

CryptosAZ

The US-Iraq conflict seems to be intensifying. BTC broke through the important pressure of $7,600-$7,800 under the event-driven situation and will face resistance of $8,000-$8,200. The first thing to do is to understand the nature of the event, whether it is global or local, and the timeliness of the event. If you do not understand these two points blindly chase...

CryptosAZ

To fundamentally understand this market, Bitcoin itself does not have the ability to generate money, because there is currently no landing application, and no one uses Bitcoin to invest in any physical project because its price is unstable, and the futures market is retail and retail. Fight each other, everything is under the control of the dealer The hourly...

CryptosAZ

Recently Bitcoin went up again, hitting a maximum of $7,226, then fell back, and now hovering at $7,200.It can't rise too high or fall too low, forming a typical interval shock. The market trend is more ambiguous. Looking at the daily line, KDJ and other indicators diverge downward, and it is expected that the shock will continue. On the day chart, the market...

CryptosAZ

Hi traders Merry Christmas! Until yesterday, the trend of bitcoin fell behind, and the situation further weakened, and the minimum fell to $7,228. This morning, the price was supported by the Bollinger Band Middle Rail, and it is currently consolidating around $7,250. The MA5 and MA30 are bonding and flattening to form the recent pressure level, and the lower MA10...

CryptosAZ

In the early hours of the morning, the bulls have the advantage. They repeatedly want to break through the resistance point, but they start to fall after reaching 7630, but they still keep running upwards. On the day line, we see that the bull trend is relatively strong. At present, the Bollinger Band suppresses the vicinity of $7,700. On the daiy chart, the...

CryptosAZ

I believe that my friends who follow me know that I said in the early stage that the $7,000 front line is a watershed of long and short front lines. Market break $7,000 can directly go short. After the market broke $7,000, the market for the two or three days was also in a weak state, with a minimum of $6,433. Then the market did not give the bears a chance to...

CryptosAZ

Yesterday I reminded everyone that it will fall $6,700 in a short time and the market is very active. I have made profits in the previous two declines, and the record is not bad. Short from $7,100 to $6,600 with a full $500 interval. In the last 24 hours, the net outflow of BTC funds exceeded 300 million US dollars, a significant increase compared to the previous...

CryptosAZ

According to market statistics, Bitcoin dropped to US $ 6,839 in the afternoon of December 16, with a minimum fall of 3.46% in one hour, and is now reported at 6,890. The mainstream digital currencies generally followed the decline, of which ETH and EOS fell the most, both close to 7% I believe that this round of decline is more like technical market...

CryptosAZ

Yesterday, the BTC day market has maintained an oscillating operation in the $7,080 range. A long wave of the bull's energy was released to raise the price of the coin to $7,200 and then touched back to around $7,150, which shows that the bulls are constantly trying to counterattack. However, as the position of the upper high point continues to move downwards,...

CryptosAZ

As I mentioned before that the market has always been at the gate of the outflow of funds. For the time being, there is not any big inflow of funds. The market appears to be in a quiet period, with no positive or negative news. In this case, the market operates in its own way. From the daily chart, the Bollinger Bands are showing very bad signs. The Bollinger...

CryptosAZ

The four-hour chart is the most obvious to show a downtrend. All indicators are mainly downtrends. The KDJ diverged downward, showing no signs of a rebound, and a MACD death fork was formed. There must be a wave of callbacks in the short term. If you really want to pay attention, there is only a 4-hour Bollinger Band crossing. The difference between the upper and...

CryptosAZ

In the four-hour chart, the Bollinger band is getting closed, and each moving average line is glued and bonded. The market fluctuated near it and it failed to break the MA5. Instead, it continued to go down. It can be seen that the short side is more powerful, and as the upper and lower rails continue to move closer to the middle rail, the fluctuation range of...

CryptosAZ

From the 4-hour chart, BTC's current position is basically the same as yesterday's analysis period, and the market basically repeats the trend of the previous trading day. As stated in the analysis of the settlement yesterday, after a rapid callback of BTC in the past few trading days, at present, it has returned to the vicinity of the key support area formed by...

CryptosAZ

When we think that the BTC is expected to break through the $8,000, the market gave us a heavy blow. For 4 hours chart, MACD dead fork is running below the 0 axis. RSI is going down. the price is suppressed by the mid rail of BOLL. the opening is expanding. more important the price was dropped below $7,200 support line. although it rebounded immediately, there...

CryptosAZ

Bitcoin is currently hovering around $7,400. In terms of funds. The net inflow of funds was $431 M, ranking first for four consecutive days. The mid-term trend depends on the change in trading volume. You can refer to the change in trading volume at $3,150 US last year. Therefore, mainstream currencies are still volatile in the near future. Don't expect too...

CryptosAZ

In recent days, I emphasized the important point of the $7,400. In the early morning yesterday, the bulls also gave a wave of retaliatory back pumps, successfully broke through the $7,400 and stood firm. At present, there are signs that the trend is being pulled into a long position in the short term. The $7,400 is also converted from the previous pressure level...

CryptosAZ

Since yesterday's market touched the bottom $6,500. it has been in a shocking upward during the day. Later in the afternoon, the market continued to rise, reaching a maximum of around $7,380, and it is currently falling to around $7,150 then consolidate. On the four hours chart, the current market has been standing above the mid-rail and is in an oscillating...

CryptosAZ

According to John Bollinger, a well-known market technician who invented the Bollinger Bands indicator, crypto prices have reached the "bottom of the cycle." The legendary trader also pointed out that the crypto market setup "looks good." check his twitter. From the current hourly k-line chart display analysis, the price basically fluctuates and consolidates in...