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BTC spread panic, afternoon be sideways

Time:09-16

The COINS ring message:

Gold today crazy slump lost $1900 mark, the biggest one-day drop since July, silver is more tragic and tumbled from 29 dollars minimum hit $24, declines were the largest since the lehman crisis,



BTC also join slump, yesterday after the 11900 high consolidation, don't choose upward breakthrough, but left a shock slump, above the lows reached 11200, and continuation of short trend after opening today, above the lows reached 11100 and began to consolidation, the current market turmoil in near 11300,



The main reason is lower; 1 vaccine development prospects, the cases of infection slowdown and PPI positive economic data, two American and European bond yields have climbed, 3 due to the market crash, many stop single trigger, spread panic selling,



[quotation analysis]



From the date line, today morning out of the shock wave dip market, then the afternoon dip again, lays the foundation for long, out of the rebound, so it can be seen that currency price low down trend, the text/original (summer kan currency)



See from the appended drawings indicators KDJ turn three wire head downward divergence, near 50 K value gradually flatten in average, this wave of stretching also prevent short short divergent power again, in the short term shocks upward trend,



From the MACD fast line wear slow wire forming die fork, green column kinetic energy hair amount, so the overall trend still is biased towards the bear market, from the point of four hour period, cloth belt is opening, currency pin straight dip is difficult to break through below support gradually began to demand rebounds, KDJ three wire bonding upward trend, MACD fork adhesive trend is still in death,



Comprehensive technical indicators to see short-term rebound in demand, days after the operation recommendations to see a wave of rebound, on every high short, focused on short-term resistance above 387 on the line,



Operational Suggestions: 386-388 partial empty single entry near target near 372



Remarks: like swimming across the river, not fantasy experience long-term exercise their abilities, but need to life, and wise men crossing the river, known as risk, practice, and eventually into something, and KuaiZhe by external things, although itself does not have the ability to cross the river, but tact, river in wide, waves on the big, standing in the ship, the total risk is very small,
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