The S&P 500 and the Nasdaq Composite fell to a new year-to-date low last week and closed the week with a loss of 1.55% and 3.11% respectively.
ịch bản đã thay đổi mạnh vào ngày 17 tháng 10 sau khi mùa thu nhập tăng và sự đảo ngược chính sách mạnh từ bộ trưởng tài chính Anh Jeremy Hunt đã thêm chi tiết vào kế hoạch của chính phủ để sửa chữa gói tài chính của người tiền nhiệm (Kwasi Kwarteng) gây ra sự sụt giảm kỷ lục giá trị của đồng GBP và một gần thanh lý kế hoạch hưu trí ở Vương quốc Anh.
Tại thời điểm viết bài này, chỉ số Dow tăng 1.78%, trong khi chỉ số S & P 500 và Nasdaq có mức tăng tương ứng 2.57% và 3.26%. Trong khi đó, Bitcoin (BTC) đã vượt qua mức thấp nhất trong năm cho thấy hiệu suất vượt trội trong ngắn hạn.
Some analysts expect that Bitcoin could be closer to a bottom. Twitter trader Alan said that the stochastic indicator on Bitcoin’s monthly chart has reached levels similar to that seen during the 2014 and 2018 bear markets, indicating a likely macro bottom.
Similarly, LookIntoBitcoin creator Philip Swift said in an interview with Cointelegraph that Bitcoin could be close to major cycle lows. Citing various metrics, Swift said that Bitcoin may face another two to three months of pain but should start its outperformance in 2023.
Khi Bitcoin duy trì trên mức thấp nhất tháng Sáu, các altcoins chọn đang thu hút người mua. Hãy nhìn vào biểu đồ của năm loại tiền điện tử trông thú vị trong ngắn hạn.
BTC/USDT
Bitcoin đã phá vỡ trên đường trung bình động đơn giản 50 ngày ($19,689) vào ngày 14 tháng 10 nhưng mức cao hơn đã thu hút sự bán mạnh của những con gấu. Điều đó kéo giá trở lại dưới đường trung bình động cấp số mũ 20 ngày ($19,387).
Buyers are trying to defend the immediate support at $18,843 but the recovery could face resistance at the 20-day EMA and then at the downtrend line. If the price turns down from the overhead resistance, the possibility of a break below $18,843 increases. The pair could then plummet to the $18,125 to $17,622 support zone.
Để tránh thảm họa này, những con bò đực sẽ phải buộc giá lên trên đường xu hướng giảm. Nếu họ quản lý để làm điều đó, cặp BTC/USDT có thể tăng lên $20,500. Một sự phá vỡ trên mức kháng cự này có thể báo hiệu sự bắt đầu của một đợt tăng giảm xuống 22,800 USD.
The pair has been stuck between $18,125 and $20,500 for some time. If bulls push the price above the moving averages, the pair could climb up to $20,000 and then to $20,500. The bears may mount a strong resistance at this level but if bulls overpower them, the recovery could pick up speed.
Another possibility is that the price turns down from the moving averages and drops below the support at $18,843. That could intensify selling and the pair could then plunge to the support at $18,125. The bulls are expected to defend this level with vigor.
MATIC/USDT
Polygon (MATIC) has been attempting to rise above the downtrend line for the past few days. Although the bears successfully defended the overhead resistance, they could not keep the price down on Oct. 13. This suggests that bulls are buying the dips as they anticipate a move higher.
Nếu giá leo lên trên đường xu hướng giảm, xu hướng ngắn hạn có thể nghiêng theo xu hướng tăng. Cặp MATIC/USDT sau đó có thể cố gắng tăng lên $0.94. Mức này một lần nữa có thể đóng vai trò như một rào cản mạnh nhưng nếu bulls vượt qua nó, cặp này có thể tăng lên $1.05.
Ngoài ra, nếu giá một lần nữa quay xuống từ đường xu hướng giảm, những người mua có thể bỏ cuộc và sau đó cặp này có thể giảm xuống 0,69 USD. Những người bán sẽ phải kéo giá xuống dưới mức này để bắt đầu một sự điều chỉnh sâu hơn đến $0.62 và sau đó đến $0.52.
The downtrend line has been witnessing a tough battle between the bulls and the bears. Although the bears have come out on top, the bulls are not willing to give up. They aggressively purchased the drop to $0.71 and are again trying to push the pair above the downtrend line.
The 20-EMA has flattened out and the RSI is near the midpoint, indicating a balance between supply and demand. If bulls push the price above the 50-SMA, the pair could challenge the downtrend line. A break above this resistance could clear the path for a possible rally to $0.86.
On the other hand, buyers may bail out of their position if the price turns down and breaks below $0.77. The pair could then slide to $0.71.
HT/USDT
Huobi Token (HT) started a strong up-move from $4.07 on Oct. 10 that reached $8.20 on Oct. 14, a 101% move within five days. This indicates that bulls are in control.
The sharp rally of the past few days pushed the RSI into deeply overbought territory which may have tempted short-term traders to book profits. That started a correction which could reach the 38.2% Fibonacci retracement level of $6.61.
If the price rebounds off this support, the bulls will try to resume the up-move by pushing the HT/USDT pair above $8.20. If they succeed, the pair could rally to $10.
Contrary to this assumption, if the price breaks below $6.64, the pair could decline to the 50% retracement level of $6.12 and then to the 61.8% retracement level of $5.63. A deeper fall could delay the start of the next leg of the up-move.
The 4-hour chart shows that the price rebounded off the 20-EMA but the bulls could not sustain the higher levels. This shows that traders could be booking profits on minor rallies.
The 20-EMA has flattened out and the RSI is just above the midpoint, indicating that the bullish momentum could be weakening. If the price breaks and sustains below the 20-EMA, the next stop could be the 50-SMA.
If bulls want to regain the upper hand, they will have to push the price above $7.65. The pair could then retest the overhead resistance at $8.20. A break above this level could start the next leg of the uptrend.
Related: India aims to develop crypto SOPs during G20 presidency, says finance minister
QNT/USDT
Quant (QNT) broke above the overhead resistance at $162 and has continued higher, indicating sustained demand from the bulls.
The upsloping 20-day EMA ($149) indicates advantage to buyers but the RSI in the overbought territory points to a possible minor correction or consolidation in the near term. Buyers are expected to defend the drop to the breakout level of $162.
If the price rebounds off this level, the QNT/USDT pair could rise to $200 and later attempt a rally to the target objective at $230.
This positive view could invalidate in the near term if the price turns down and breaks below the 20-day EMA. The pair could then decline to the 50-day SMA ($120).
The pair is facing resistance near $188 but the rising moving averages and the RSI in the overbought zone indicate the path of least resistance is to the upside. If buyers thrust the price above $188, the pair could rally to $204.
Contrarily, if the price turns down and breaks below the 20-EMA, it will suggest that traders may be booking profits. That could pull the price down to the crucial support of $162. A break and close below this support could indicate that the pair may have topped out in the near term.
OKB/USDT
OKB (OKB) has been trading above the moving averages for the past few days and the RSI has jumped into the positive territory, indicating advantage to buyers.
The OKB/USDT pair is facing stiff resistance at the overhead resistance at $17.50 but a minor positive is that the bulls have not ceded ground to the bears. This suggests that the bulls expect the pair to climb above the overhead resistance. If that happens, the pair could rally to $20 and thereafter to $23.22.
The first support on the downside is $16.39. If the price turns down and breaks below this level, the pair could slide to the moving averages and then to $15.
The price turned down from the overhead resistance at $17.50 but the bulls are trying to defend the 20-EMA. If the price rises above $17, the likelihood of a retest of $17.50 increases. Buyers will have to clear this hurdle to signal the resumption of the uptrend.
The positive momentum may weaken if the price turns down and breaks below the 20-EMA. The pair could then decline to the 50-SMA. If this level also cracks, the next stop could be $15.50.
On the contrary, if the price rebounds off the 50-SMA and rises above the 20-EMA, it will suggest accumulation at lower levels. The bulls may then again attempt a rally to $17.50.
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.
