During the live broadcast of Three Kingdoms College, the weekly trend is sideways for six weeks and will change next Monday; BTC plummets to the 95000 mark!
Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/7890471408 The weekly trend has been sideways for 6 weeks, with prices fluctuating within narrow areas, mainly due to the following possibilities: Balance of long and short forces: The buying and selling sides are evenly matched, and when multiple parties raise the price, they encounter selling pressure from the short side, resulting in limited price fluctuations. The market is waiting for key factors such as industry policies and Ethereum upgrades to break the deadlock. Trend turning signal: After a sideways trend, the price may break up or down. If the trading volume shrinks during a sideways period, and there is a subsequent increase in volume and the price breaks the upper edge of the range, it may initiate an upward trend; On the contrary, breaking through the lower edge downwards may continue the downward trend, but the direction of the breakthrough is difficult to predict before it occurs. • Dominated by wait-and-see sentiment: Long term sideways trading has led investors to become cautious. Due to high market uncertainty and concerns about blind operations being damaged, they have chosen to wait and see, resulting in light trading and reduced price volatility. It should be noted that the cryptocurrency market is high-risk and volatile, and such analysis is for reference only. Investment decisions must be made with caution. From a technical perspective analysis Last week, BTC's closing cross star signal rose again near 109000 and fell back. The four hour three M top formed a support below 106000 to 103000, and the daily MACD has been a dead cross downward, with a high probability of falling back. The 10w break level is expected to reach around 95000 ETH rose a wave around 2680 after the weekly closing line and began to fall back. The monthly closing line was suppressed by the mid track, and the daily dead cross did not succeed without a golden cross. It is necessary to fall back. If 2400 cannot be held, it will reach 2100. So, how do we proceed next? Teacher Zhao Yun, who has 9 years of practical trading experience in the cryptocurrency industry, will provide a detailed breakdown for everyone. Welcome to the live broadcast room to check in! Join the Three Kingdoms College Exchange Group to receive more services: 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Official QQ group: 579358784 Tencent Meeting ID: 789-047-1408 The live broadcast room will be broken down in detail. Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
