what makes the price of a cryptocurrency go up Top Featured snippets

From the above figure, we can find that the previous downtrend band took 14 trading days. I still remember that at that time, we predicted the time window of the index low one trading week in advance. The theory used at that time was the time period of 13. From the high point to the low point, the 13th day will reach the Fibonacci time window. And of course, if it arrives tomorrow, there will be the 13th trading day from low to high, if it happens that there will be a stage high tomorrow. It is easy to become a small turning point in the stage. This is pure theoretical analysis.Then, from the main tone of the market, the whole should look up, and it can only be like this at present! Therefore, the following technical analysis is purely for reference. Because I have to say that the current technical analysis does have obvious failure.The short-term peak time node is likely to be tomorrow. Or the last trading day. Why do you say that? Please look at the chart below-the daily chart of the Shanghai Composite Index.

At the close, the three major indexes rose significantly. As of the close, the Shanghai Composite Index rose by 0.85%, the Shenzhen Composite Index rose by 1%, and the Growth Enterprise Market Index rose by 1.35. As of the close, the turnover of the two cities was 1.89 trillion, 89 billion more than the previous trading day. Judging from today's closing, the A-share market once again showed a strong side. In the case of obvious diving in the morning time-sharing chart, deep V reversal again! Finally, the increase in volume was realized. This trend is quite different from the trend I predicted yesterday. It seems that my point of view has been attacked by the main force again.At noon today, I was particularly emotional. In this special period and state (facing severe challenges from the outside), technical analysis has indeed become obviously ineffective.Statement of the work: Personal opinion, for reference only.

I don't do too much technical analysis today. To be honest, I feel somewhat depressed as a veteran of the pure technical school these two days-many confident judgments were finally reversed by powerful forces.The short-term peak time node is likely to be tomorrow. Or the last trading day. Why do you say that? Please look at the chart below-the daily chart of the Shanghai Composite Index.