比特币的 (BTC) 上文已经反弹 $8,500, 但涨势不像样的交易量支持, 技术图表显示.
The cryptocurrency closed below key technical levels on Thursday, 信令看跌击穿, but the ensuing sell-off unexpectedly ran out of steam at $7,925 on Friday. 然后, over the weekend, bitcoin gained more than $500, rising back above resistance at the 50-day moving average.
在截稿时, BTC转手在 $8,530, having clocked a six-day high of $8,644 earlier today.
While last week’s bearish trend seems to have run out of steam (as seen in the charts below), the weekend’s low-volume rally risks trapping the bulls on the wrong side of the market.
该 inverse head-and-shoulders breakout indicates short-term bullish trend reversal – 即. the pullback from the high of $9,990 has ended and the breakout has opened the doors to $9,000 (target as per the measured height method.
The daily chart shows yesterday’s candle closed (按照UTC) above Saturday’s doji candle high of $8,468, signaling a bullish reversal. 进一步, the 5-day and 10-day moving averages have shed bearish bias (are no longer sloping downwards).
结果是, the probability that bitcoin will rally to $9,000 this week is high. 然而, the bullish case significantly weakens if we take into account the figures for trading volume.
Volume is an important indicator, as it shows the level of interest in bitcoin. A rally backed by high volumes means greater reliance can be placed on the bullish move. Conversely, a low volume rally trends to end up being a bull trap.
In BTC’s case, currently, trading volume on Bitfinex continues to decline and more importantly remained low alongside positive price action, as seen in the chart above. 进一步, trading volume across all exchanges fell below $5 billion over the weekend – the lowest level since April 11, 根据 CoinMarketCap.
从而, the sustainability of the rally seen over the weekend is under question.
- BTC rally lacks substance (low volumes), hence the outlook is likely neutral, despite the inverse head-and-shoulders breakout (4-小时图) and the bullish doji reversal (daily chart).
- A failure to hold above $8,475 (inverse head-and-shoulders neckline) would revive the bearish view and allow a drop to Friday’s low of $7,925.
- On the higher side, only a high volume move above the 100-day moving average, currently seen at $8,857, would open the doors to $10,000.
Running up steps 通过存在Shutterstock图片
在blockchain新闻领导者, CoinDesk是争取最高的新闻标准，并通过遵守媒体插座 严格的一套编辑政策. CoinDesk是数字货币集团的独立运营子公司, 投资于cryptocurrencies和blockchain新创.