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BTC: High level interval vibration
2022-11-01
1254
Fundamental analysis:
Bitcoin has maintained the shock near 20453. The cryptocurrency wallet application Ledger Live has supported Acala ecological assets, including aUSD, LDOT and tDOT, as well as assets on Acala's Kusama parallel chain Karura. Users can also use Ledger Live to interact with Acala ecological applications.
Bitcoin BTCUSD - 4-hour K line diagram display:
Technical analysis:
The 4-hour chart shows that the short-term high level maintains the range fluctuation and translation, and the market is beginning to maintain consolidation. The MACD index hovers above the 0 axis, and the RSI index is in the weak consolidation near the 50 equilibrium line;
Empty turning point: 20453
Pressing: 20647, 20807
Support: 20,196, 20,013
Trading strategy: 20453 lower bearish, target 20196, 20013
Alternative strategy: 20453 upside bullish, target 20647, 20807
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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