crypto鬼谷
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Recently, this project $ME has really been astonishing, having raised nearly 150 million, with even COINBASE investing in it, and with such a large issuance, the performance post-launch has been a complete disaster.
It turns out that prior to the launch of ME, there were some pre-market transactions and futures contracts, allowing those who participated early to make some profit.
When ME officially launched, the price surged to around 30, and then it plummeted like going down a slide, all the way to about 3.6.
Looking at the K-line chart, during this recent period, the K-lines have been trending downward, especially from December 14 to 16, when the price dropped from 4.2 to 3.7.
There are also many long upper shadows and bearish candles, indicating that market pressure is quite high.
In terms of technical indicators, the MACD is already in the bearish zone, with both DIF and DEA being negative, and there are no signs of a potential reversal, indicating that further declines are expected.
The RSI is also nearing the oversold area; although there may be a brief rebound, overall it is still not looking good. EMA7, EMA30, and EMA120 are all lined up going downward, with the price below them, clearly showing a downward trend. EMA7 is also blocking the price from rising.
The trading volume has also decreased; after the sharp drop on December 14, trading volume diminished, as everyone is hesitant to buy and is waiting on the sidelines.
With the decrease in trading volume and the continuous price drop, it indicates that the momentum for decline has lessened a bit, but there are still no signs of stopping.
Recently, I plan to set up a position in a potential coin that is ready for a significant rise, doubling my investment seems quite easy. I am also preparing to find some potential coins to hold until the end of the year, expecting a return of over 10 times is not a problem. If you want to keep up, like + comment, and share freely.
$BTC $ETH
#加密市场狂欢 #ETH再度冲击4K #BTC重回关键位置后走势
It turns out that prior to the launch of ME, there were some pre-market transactions and futures contracts, allowing those who participated early to make some profit.
When ME officially launched, the price surged to around 30, and then it plummeted like going down a slide, all the way to about 3.6.
Looking at the K-line chart, during this recent period, the K-lines have been trending downward, especially from December 14 to 16, when the price dropped from 4.2 to 3.7.
There are also many long upper shadows and bearish candles, indicating that market pressure is quite high.
In terms of technical indicators, the MACD is already in the bearish zone, with both DIF and DEA being negative, and there are no signs of a potential reversal, indicating that further declines are expected.
The RSI is also nearing the oversold area; although there may be a brief rebound, overall it is still not looking good. EMA7, EMA30, and EMA120 are all lined up going downward, with the price below them, clearly showing a downward trend. EMA7 is also blocking the price from rising.
The trading volume has also decreased; after the sharp drop on December 14, trading volume diminished, as everyone is hesitant to buy and is waiting on the sidelines.
With the decrease in trading volume and the continuous price drop, it indicates that the momentum for decline has lessened a bit, but there are still no signs of stopping.
Recently, I plan to set up a position in a potential coin that is ready for a significant rise, doubling my investment seems quite easy. I am also preparing to find some potential coins to hold until the end of the year, expecting a return of over 10 times is not a problem. If you want to keep up, like + comment, and share freely.
$BTC $ETH
#加密市场狂欢 #ETH再度冲击4K #BTC重回关键位置后走势
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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