Market Analysis on December 10, 2021

Market Analysis on December 10, 2021

By ZT Global | analysis | 10 Dec 2021


BTC

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At the 1-hour level of Bitcoin, it is still in the box shock. Before the time window comes, it is more likely to be shocks. If there is a short-term profit, remember to take the profit in time. Pay attention to the important point of 44,000. If the K chart drops to near 44,000, you can consider Long-term funding is not involved.

IDEX

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Whether IDEX can return to around 0.27 again, if it can be stabilized around 0.27, then the short-term goal can be set at 0.4. The previous when IDEX launched on coinbase is has go up to around 0.4, and it was tested several times before the pull, indicating that the funds have not withdrawn, and the main market has not yet come. If you have the patience, you can keep the bottom position on the swing. The long-term goal is 1.5.  

LUNA 

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LUNA is trending well. If you are worried, you can use ten points as the benchmark. It will pull up every time when it drops to the MA10. However, the weekly level deviation rate is still relatively high. You can to time the market. You can buy in if it falls below 60.

SFP

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There is no problem with the trend of SFP. It is good for the wallet currency within the expected retreat. At present, the K-chart is slowly rising. If one day rises by more than 20%, you can consider holding it lightly. Hold it patiently or do a good job to time the market.

Risk warning:

The above analysis is for reference only. There are risks in the currency market and investment needs to be cautious.

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ZT Global
ZT Global

ZT, a global crypto exchange platform which aims to provide the best users' experience,and it's invested by SOFTBANK.


analysis
analysis

ZT exchange is invested by soft bank. it's a global crypto exchange platform aims to provide the best users' experience.

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