简体中文
ภาษาไทย
繁體中文
Indonesia
BTC: Shorts keep falling
2022-10-11
5423
Fundamental analysis:
Bitcoin kept the shock around 19232, and TeraWulf, a Bitcoin mining enterprise, raised 17 million dollars through equity trading and loans. The company sold $9.5 million of common shares through non brokerage transactions with existing investors and withdrew an additional $7.5 million from the $50 million loan completed in July.
Bitcoin BTCUSD - 4-hour K line diagram display:
Technical analysis:
The 4-hour chart shows that the short market momentum is constantly fluctuating and moving downward. The short-term short market momentum is good, and it continues to move downward. The MACD indicator hovers in a weak position under the 0 axis, and the RSI indicator is in a narrow range of short market areas under the 50 equilibrium line;
Empty turning point: 19295
Pressing: 19472, 19657
Support: 19083, 18924
Trading strategy: 19295 lower bearish, target 19083, 18924
Alternative strategy: 19295 upper bullish, target 19472, 19657
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
