https://i.redd.it/wu90xfd70ut31.png
News internal reference:
1. AJM Taiwan Salon will be held smoothly!
According to official sources, the AJM Taiwan Salon, hosted by the WBCC Global Blockchain Alliance, was successfully held in Taiwan on October 20. Guests attending the event included the gold medal instructor in the blockchain industry in Malaysia, the KOL in the blockchain industry, the entrepreneurs of quality projects, the media and core users of the AJM Southeast Asia community. The salon theme revolves around AJM's fourth-generation blockchain technology, smart contract development, and landing ecological applications. It aims to explore and seek to promote the sustainable development of the blockchain digital economy.
2. Facebook said that Libra plans to use cryptocurrencies based on its own currency, such as the US dollar, rather than the initial package of currencies. Calibra CEO David Marcus said that in addition to a stable currency based on a basket of currencies, a series of single currency stable coins can be created.
3. French Finance Minister Bruno Le Maire said that Libra may bring financial risks to the EU.
4. The CEO of Calibra stated that Libra will not be controlled by a company and the Libra Association welcomes competition.
5. Blockchain company HashCash is working with the UAE based global bank to launch a blockchain-based commercial loan solution.
6. Decentralized game platform sandbox launches Japanese version, allowing users to create NFT assets
7, Bitcoin core developers: French currency is not a real property
8. Vice Governor of Hebei Province: Xiong'an New District will build technical applications such as personal and institutional credit accounts based on blockchain technology in the future.
Market analysis:
https://i.redd.it/33kptmn80ut31.png
AJM rebounded to ease the volatility trend and continue to be bullish in the medium and long term
Judging from the data of a lot of coins, AJM has been oscillating, and the amplitude is getting smaller and smaller, and there is an upward trend in the short term.
From a technical point of view, AJM has full support at the bottom. Brin has signs of small opening. Although the volume can be reduced, the market has not changed. The price in the general direction has gradually strengthened. For medium and long-term investors, as long as The price has not fallen below the trend line below, and it is still dominated by the currency.
https://i.redd.it/orzwjx6a0ut31.png
BTC has been slightly affected by the news, and the volume is still shrinking. The longer the sideways time here, the worse it is for the market, because it will form a certain set of plates, and then think again. It is difficult to pass this interval, or to maintain the previous point of view. At present, it is still a range of volatility. The 5-week line has been basically completed. Now I don’t see any tendency to stand back to the 5-week line. I personally think that no matter which one. In terms of the target, the target does not have the expectation of a sharp rebound. It is still oscillating near the lower shadow line. The long and short sides have not yet won the match, but they have already tested the support of $7,700 four times. If this time, the point will be lowered again. If it is, it is likely to fall below the support of this point. Personally, the next support is expected to be around $6,800-6,900. If the target regains its 5-week line and the 5-week line turns upwards, the conclusion is not valid.
End of the article:
There are mountains that can't go to the top
Only people who can't find a way
The trend is right for everything. I believe that we need to persist and persist in gaining. The strategy of trading is not static, people who understand do not need to explain, and those who need explanation should be patient.
Ajm telegraph group address:
Https://t.me/ajmofficial_global
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