简体中文
ภาษาไทย
繁體中文
Indonesia
BTC: consolidation of short positions and weak positions
2022-10-20
1431
Fundamental analysis:
Bitcoin maintained the shock around 19182. JKL Group, a Hong Kong digital asset management company, announced the establishment of a Bitcoin mining fund of 50 million dollars, mainly for family offices, high net worth individuals and institutional investors active in the field of digital assets.
Bitcoin BTCUSD - 4-hour K line diagram display:
Technical analysis:
The 4-hour chart shows that the short-term entanglement fluctuates in a narrow range, the market bearish mood slowly enters the market and hovers, the MACD indicator hovers below the axis 0, and the RSI indicator is at the lower side of the 50 equilibrium line;
Empty turning point: 19232
Pressing: 19402, 19600
Support: 19006, 18841
Trading strategy: 19232 lower bearish, target 19006, 18841
Alternative strategy: 19232 upper bullish, target 19402, 19600
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
Free AccessDaily Trading Strategy
Download Now
CM Trade Mobile Application
Economics Calendar
More
