Market Analysis on January 18, 2019

Fundamentals
People's Network reports that block chain technology guides the return of journalism to news value. As far as journalism is concerned, the attributes of block chain, such as de-centralization and non-tampering, provide a new possibility for journalism to remove the influence and control of Commerce and politics. Ma Yun: Make Hainan Island into a digital island by using block chain. The meeting passes the list of members of the entrepreneur consultation meeting of Hainan Provincial People's Government. Ma Yun was elected as the first chairman of the entrepreneur consultation meeting of the Hainan Provincial People's Government and Ma Huateng as the vice-chairman; Ma Yun, Ma Huateng, Ning Gaoning, Zhou Qiren and Liang Jianzhang were the first members of the committee. Ma Yun also said that another positioning of Hainan is to target Hong Kong and must surpass Hong Kong. The upgrade of Constantinople in Etherfield was delayed again because of a security vulnerability in the exposed code. Bitcoin may exceed the market capitalization of Visa and MasterCard in three years. Bitcoin is actually undervalued more than Visa and MasterCard.
Technical aspect

BTC/USDT

Figure 1 Hour Trend Chart
As expected, yesterday's narrow-band consolidation of the currency did not perform well, and it is still in the range of 3440-3660. From MACD, we can see that the trend is rising step by step, indicating that there is some support below and the price is running in the upper range of the fluctuation range. Therefore, the time periods of the two consolidation intervals in the diagram basically coincide. The future market is expected to produce a larger probability of head-shoulder-bottom figure, but The key point is still the suppression of 3660. The steady person focuses on the price level. After standing firm, he can follow up. The pressure above is 3780 3920 4000.


ETC/USDT

Figure 1 Hour Trend Chart
As expected, we focused on the upward opportunities of the currency yesterday. From the chart, we can see that in the end of yesterday and the beginning of today, the currency continued to rise, with strong momentum. The upper pressure is 4.54.69 4.95 and the lower pressure is 4.19 4.02.


EOS/USDT

Figure 1 Hour Trend Chart
It can be seen from the figure that after triangle finishing breaks down, it has always been in the low finishing interval, MACD gradually rises, and the finishing cycle in the box basically coincides. If the latter can break the 2.44 line, it is expected to form a head-shoulder bottom shape, but it does not exclude the rebound and continue to descend. Because this shape does not appear at the bottom, the dynamic aspect needs the attention of the participants, the pressure above 2. 44 2.54 2.66 2.84 below support 2.28 2.18 1.95

The above suggestions are for reference only.