Market review

Mainstream currency through deep down consolidation after a few last week, the oscillation of the market as a whole to begin to enter to a new round of consolidation area of repair, judging from recent days repair volatility in long is still in a weak state, strength of short overall advantage, in addition, there is no too big fluctuation, and the slow rise in today's mainstream currency happening, COINS in the slow rise highest hit 8884 in the evening, it was also proved himself yesterday released form pull up ideas of technical analysis, but from the current short term bull is still not fully escape control, above has many pressing upward, BTC: early COINS deep down over many shocks, rush on in today's situation, currency according to the fire station the global market, according to the currency after a day slowly rose highest hit 8884, at present in the neighborhood of 8800 sideways, personally think that this is the result of consolidation more in the future, prove below support basic bottoming pattern has been formed, above all, some recovery indicates that at present the market situation, believe that afternoon will have a better performance,

Shown in the diagram below, the currency market through consolidation downward fall many times, until today after the slow rise to adjust the market situation will come back, today in, though not 68.1% Fibonacci retracement point on the line, but personally think afternoon after the consolidation will continue once again in this place, but for the first time to touch down phenomenon will appear, but does not affect the overall upward trend and layout, so I suggest we still choose bullish on big trends layout,

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