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Belarus has seized millions of dollars worth of cryptocurrency

2022-05-31
1211
Fundamental analysis:

Ethereum maintained a concussion around 1983. Dmitry Gora, head of the national investigation committee of Belarus, disclosed in a recent interview that the Belarusian authorities had confiscated millions of dollars worth of encrypted assets. He said that when cryptocurrency was first used in the drug trade and later in economic crimes, Belarus had to deal with the challenge of how to obtain cryptocurrency.



Ethereum ethusdt - 4-hour K-line diagram display:




Technical comments: it has maintained a narrow range of weak shocks in the Bollinger belt index channel for a long time. The low level continued to move down to the node near 1706, and then began to reverse the shocks and move up. The bull power began to wait for the opportunity to enter the market. After the Bollinger belt index showed an opening trend, the card began to close and move horizontally. The MACD index was in the short position, and maintained a low level of shocks and rose to hover around the 0 axis, RSI indicator is in the short position, maintaining a shock rise to 50 equilibrium, and the online weak side is moving upward;


Multi air turning point: 1947


Pressing position: 2065, 2160


Support position: 1855, 1755


Trading strategy: 1947 upside bullish, target 2065, 2160


Alternative strategy: 1947 down bearish, target 1855, 1755


The above analysis is a personal point of view and is for reference only.

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.

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