AJM’s long-term uptrend channel remains intact, and the relay leads the mainstream currency
Today’s news
1. AJM will become one of the top ten mainstream currencies in the world
It is reported that AJM’s core function is resonance trading, which uses ABC to make a decentralized global currency. In the near future, AJM will become one of the top ten mainstream currencies in the world, and it exists in people’s food, clothing, housing, online shopping, offline consumption, entertainment and leisure.
2, JP Morgan Chase: Bitcoin fell sharply this round or affected by the futures platform Bakkt and long position
According to Bloomberg News, JPMorgan officials said that bitcoin fell 20% earlier this week, probably driven by the impact of the new futures platform Bakkt and long positions on the Intercontinental Exchange (ICE). The strategist headed by Nikolaos Panigirtzoglou pointed out that the launch of the physical settlement of futures contracts is another step towards the maturity of the encryption market, but this may depress the bitcoin price. The strategist also said that the data showed that the long position of Bitcoin “apparently surrendered” in the past week. This may also lead to a sharp drop in bitcoin prices this week.
3. Bertrand Perez, managing director and chief operating officer of the Libra Association, recently said that the cryptocurrency may have been postponed due to regulatory concerns around the world.
4. Liteco’s core developer Loshan recently said on Twitter that BTC and LTC wallets are no longer secure on older versions of the iPhone, including the iPhone X. And users are advised to upgrade their iPhone devices.
5. In response to the “NBA rejected the requirement of basketball player Spencer Dinwiddie to convert his contract to the currency”, US presidential candidate Yang Anze said: “I think Dinwiddie’s sale of his professional income is a genius, I don’t want the NBA. I am disappointed to allow this.”
6, for the economist Lang Xianping’s “Google achieves quantum hegemony but first pulls bitcoin into the water”, RenrenBit founder Zhao Dong said that quantum computers need to manipulate more than 100,000 qubits to solve the bitcoin elliptic curve algorithm. The number is only possible.
7. A deputy minister appointed by the Ukrainian Ministry of Digital Transformation recently confirmed that one of its primary goals is to legalize cryptocurrencies.
8. LedgerX, a US-regulated crypto-derivatives and clearing platform, believes that former CFTC chairman J. Christopher Giancarlo is biased against the company and improper use of his position has delayed the approval of the revised derivative clearing house registration.
9–29 day market analysis
BTC
Today, the BTC trend continued its upward posture, and continued to test upwards. The highest rose to 8320. The resistance was suppressed and formed a callback. It was once again suppressed to run in a narrow range. This pull-up triggered a bullish sentiment and the short-term trend entered the upswing stage. The follow-up trend will continue to test to the current high point. The hourly Bollinger Band will be closed, and the running range will continue to shrink. The subsequent rhythm will be dominated by shock adjustment.
In the daily chart, the trend has continued for three consecutive gains. The price also has signs of standing above the 5-day moving average. The market bulls have been constantly strengthening, while the top is still under strong pressure, and the breakthrough is weak, failing to form. Effective offensive, once the market sentiment is blocked, the rhythm is easy to change, the trend will enter the adjustment stage, after the short-term resistance moves down, the trend will once again be the test low, and the recent trend will continue to stabilize above 8000, and the follow-up will continue to To the opportunity of the bully attack, the MACD of the chart indicator will slow down in the 0-axis direction. The STOCH indicator will form a golden cross on the 20-level line. The RSI indicator will run upwards. The market has an upward will, but it is still not strong. That is to enter the trend of shock adjustment, the short-term will be biased upwards, the operation recommendations are mostly low, supplemented by high-altitude, follow up in the 8050 position to see more than 8200 position, pay attention to the upper resistance 8300–8400 area, the operation with a good stop Loss, and then leave the market after making a profit. As the National Day is approaching, Chen Chuchu will continue to keep an eye on the market and grasp the most timely developments.
ETH
ETH also entered the trend of continuous increase. The trend continued to ascend to the high point, but the upward momentum was weakened. After the suppression of the previous resistance, the short-term volume could begin to decrease, and the trend would enter the rhythm of shock. If today cannot Breaking through the upper high resistance of 180, the follow-up trend will enter the adjustment stage, the market sentiment will gradually weaken, and the trend will also change downwards. Today’s upside posture is formed, and the short-term trend will still be an upward trend. The main and short orders are supplemented. In the 169 follow-up, the singles look at the 175 position, focusing on the upper resistance at 177–180 and the lower support at 165–160.
LTC
LTC encountered a rebound in the lower ring of Bling yesterday, and then fell further to 50 position, which triggered a rebound in the market’s long-term sentiment. The current trend once again led the Bollinger to test the lower track. Once the trend can stabilize in the region, the pressure link will move. Entering the adjustment phase, the short-term quantity can continue to flow in, then the follow-up suggestion is low and low, focusing on the upper resistance 58–60 position and the lower support 52–50 position.
XRP
XRP follows the footsteps of the market and will also form Sanlianyang K. However, the market volume is lacking, and the trend tends to be stagnant. Although the short-term volume can continue to flow in, but it is relatively weak, the follow-up trend will be mainly adjusted, and the operational recommendations are low. Focus on the upper resistance of 0.25 position and the lower support of 0.23 position.
BCH
BCH’s upward posture has improved. The trend touched the 5-day moving average and further tested to the upper high point. The direct contact and the previous resistance area, although not broken, but the support below is strong, the quantity can continue to increase, and the follow-up trend will continue to test upwards. Breaking the suppression of key resistance, the outbreak posture will be one step closer. The operation suggestion is mostly single. In the 222 follow-up, see the 228 line, pay attention to the upper resistance 230–233 position, and the lower support 217–220 position.
AJM
AJM’s long-term uptrend channel remains intact. The follow-up is expected to continue its upside.
The siphon effect caused by the sharp rise of Bitcoin in the early period led to the decline of currencies other than Bitcoin due to lack of financial support. However, due to the market effect, AJM has not been affected by the increase of funds. As of the date of publication, AJM Resonance Trading has quickly entered the 16th floor and showed an offensive.
Published at Sun, 29 Sep 2019 06:16:09 +0000
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