Market Analysis on December 13, 2021

Market Analysis on December 13, 2021

By ZT Global | analysis | 13 Dec 2021


BTC

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On the whole market, BTC is still in a box shock. Currently, it is still under the pressure of 60 moving average. Before Powell speaks on the 15th, it may be more around 46000-50000. It may be affected by the news which may lead to a break through and fall below. Views are the same as before. It is said that the plunge may be the same, and then you can consider adding positions. When it comes to 49000-50000, consider to hold and wait for new opportunities.

IDEX

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The IDEX earlier did not fall to the price of 0.27. It is currently in shock. If the big drop can be reached, you can consider buying. If you are worried that there will be no drop, you can buy a part at around 0.29, and wait for the hit to buy another part.

LUNA

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LUNA fell to 59. If you can catch the weekly support of 56, you can consider gradually increasing your position and wait for it to return to around 70 to slowly lighten your position.

SFP

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Affected by BTC, SFP gradually dropped to around 1.9, and the support level was at 1.8. If it can fall to around 1.8 and oscillate, consider taking profits.

NUM

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The concept of NUM web3.0 may become the next hot trend, including the US blockchain hearing that expressed a friendly attitude towards web3.0 last week. There will be another hearing this week. If the friendly attitude continues, then web3 .0 It is possible that some sub-sectors will explode. Due to the recent instability of BTC, it can be mainly short-term with 10-20 points. If it falls below 0.9, consider buying, and take profits around 1.

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

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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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