7.19 Saturday morning Dabing silk record:

Looking back at the evening market, Dabing tried to break upward from the 121000 line, but failed. Then the price fell to the 117300 line, and then entered a consolidation state.

From the four-hour Bollinger band, the degree of divergence between the upper and lower rails has increased, which means that the market volatility has increased significantly. At the same time, the price entity continues to break the lower rail, indicating that the power of the gongtou is dominant and the market is under heavy selling pressure.

Looking at the MACD indicator again, the two lines form a dead cross above the zero axis and move downward in parallel. This shows that the short-term gongtou momentum is being released in an orderly manner. However, since the current position is still above the zero axis, it means that the current adjustment is that the gongtou trend is gradually strengthening, but the overall situation has not yet fully entered the extreme gongtou pattern.

At present, although the gongtou has an advantage, the support area around 117200 has not been effectively broken, which reflects that the duotou has strong power in this area and has certain support.

Suggestion:

Big pie 117200 - 116700 Duo Target 119500 - 120000

Second pie 3530 - 3550 Duo Target 3600 - 3620$BTC $ETH #山寨币突破 #ETH突破3600 #山寨季何时到来？