Coin Circle Liangqiu: Bitcoin/Ethereum Evening Operation Strategy with Market Analysis

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顾景辞
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2 years ago

Attention, look again, and earn millions. Hello everyone, I am analyst Liangqiu. Here I share my views and hope that every friend who follows can have a good return!

First released on the official account, you can follow the official account Liangqiu, focusing on mainstream currency guidance layout. This week, the Bitcoin/Ethereum market is quite powerful. Friends who pay attention should have a relatively large space to grasp. After the surge on Monday and the high-level consolidation, there have been multiple layouts for high selling and low buying. After the surge in Bitcoin on Monday, it was repeatedly emphasized that the market would maintain a oscillating pattern this week, with resistance at 35,300 and support at 33,000. Be prepared for high selling and low buying, and Ethereum can be operated synchronously. The market is also proceeding as expected. After the rapid decline of Bitcoin/Ethereum last night, we once again directly laid out low-level long positions, and the targets of 34,200 and 1,800 have also been reached.

Looking at the daily chart, after seven consecutive rises, Bitcoin began to oscillate and fall back, while Ethereum, after eight consecutive rises, began to fall back, but more towards high-level consolidation and oscillation. During the decline, Ethereum quickly rebounded from a low of 1,735, and Bitcoin did not break through 33,300, not to mention the important support of 32,800 to 33,000. The MA moving average indicators have all turned upward, and the bullish trend is still obvious, but it has slowed down. In the future, pay attention to the important support below. If it is not broken, it will continue to gather strength and rise.

Looking at the four-hour chart, the Bollinger Bands of Bitcoin/Ethereum are starting to shrink, and the short-term period is showing a pinching state, indicating a change in trend. This short-term pinching market is also a brief test of the support and resistance levels. In fact, this week, the intensity of the surge is relatively high, and periodic consolidation is needed to digest it. The probability of short-term direction selection is still relatively low. Pay attention to the upper and lower pressure and support levels.

The weekend market is not very active, and friends who pay attention should be very clear. I never recommend operating altcoins in my articles. Some may involve Litecoin and BCH, which are relatively easy to control. Popular altcoins with huge fluctuations are generally not recommended for operation, as the manipulation of the market is too severe.

In the evening, after the retreat, long positions were entered. Bitcoin was entered near 33,600 to 33,800, with a target near 34,600; Ethereum was entered near 1,760 to 1,775, with a target near 1,810. (The activated strategy is profitable, please control it on your own, and there will be no real-time reminders.)

The release of articles has a timeliness, and the market is also changeable. For specific strategies, you can follow the official account, Liangqiu.

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