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China youbi digital assets limited

China youbi digital assets limited

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Home> Blog> 12.13 market analysis

12.13 market analysis

December 13, 2018

December 10 when we analyze the market will continue to fall,12 market at the bottom of the resistance level began to rebound,

At the bottom of thelowIt's going up in turn,The formation ofinversionmiddlepivot,This is a sign of a turning point in the market。

Combined with the last wave of consolidation down market comprehensive analysis, the current market or will seek short - term direction.


BTCUSDTanalyses of market condition

BTCThe lowest point in322,After the formation of a good rebound trend, blue is our rebound interval.This afternoon and evening if can form the center in the sub-level, this wave of rise will break through 3650, otherwise the market will fall again to break the new low.In terms of operation, because the point position is not very good, a small number of orders can be arranged around $3,400, with a stop loss of $3,300 and a target of $3,650.


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ETHUSDT  analyses of market condition 


Itafang is much weaker than bitcoin. More importantly, itafang's reverse center is larger than the time and space of the falling center. As a result, once the market fails, the falling market will be more sharp.The operation suggestion is to place a long and light position near $90 with a stop loss of $87 and a target of $98.


22

XRPUSDT  analyses of market condition 


Ruibo although in this wave of decline is the most resistant, but still did not block the downward trend.At present, there is an opportunity to make up for the fall in the trend of small level. However, the relatively safe opportunity at present is to wait for the market to rise to the vicinity of $0.34 and make a short order is more safe.


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At present, the overall bottom of the market consolidation, the short-term direction of choice, if the rebound is successful, the market is facing a medium-term rebound, otherwise the market will continue to low.

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