In a person's self-discipline, there is infinite potential. The extent of your self-discipline determines the height of your life.
There are no shortcuts in life, but every step you take counts.
The more diligent and hardworking you are, the more disciplined and outstanding you become. I am Zhou Yueying, focusing on the trend analysis of mainstream currencies, providing insights into the market based on my own technical expertise.
First release on the public account. For friends who want to verify my strength, follow the public account at the end of the article to find Yueying. There are daily price strategy suggestions at irregular times in the circle of friends. Let's take a look at today's sharing!!
Bitcoin Technical Analysis———
On the daily chart, Bitcoin's weekend market trend is oscillating and retracing, currently testing the support around the middle track of the Bollinger Bands. With the Bollinger Bands slightly contracting, the short-term support is around the middle track. If it breaks through, the second support is around the 30-day moving average. The MACD fast and slow lines continue to diverge downward, and the volume bar is once again running with increased volume. The KDJ three lines have turned upward and are resisted near the 80 value, crossing downward. The VR index is consolidating near the 130 value. On the four-hour chart, the market has broken through the middle track support and is currently testing the support of the lower track of the Bollinger Bands. The Bollinger Bands are in a flat state, and the moving average and middle track above have formed a short-term resistance. The MACD fast and slow lines are running downward, and the volume bar is shrinking. The KDJ has turned upward for the third time and crossed, and the VR index is consolidating near the 120 value. Overall, the market still maintains a rising structure with a continuous upward movement of the low point. The retracement has not broken the support of the uptrend line. The resistance around 38,000 is very strong, and multiple attempts have not held. Short-term operations should be treated within the range, with temporary support around 37,000 and resistance still at 38,000. Short-term recommendations are as follows:
Bitcoin Short-term Strategy Recommendation: Short at 37,758, Long at 37,050. (Activate the strategy for profit and manage it on your own)
Ethereum Technical Analysis————
On the daily chart, Ethereum has a double top structure. The technical indicators are synchronized with Bitcoin, and the focus is on the support of the daily chart and then the 30-day moving average support. The key resistance above is around 2090, and the support is at the 2000 level. If it does not break through, there will be a rebound. Without further ado on the technical side, here are the short-term recommendations:
Ethereum Short-term Strategy Recommendation: Short at 2085, Long at 2018. (Activate the strategy for profit and manage it on your own)
——I am Zhou Yueying, a teacher dedicated to technical analysis. If you have any questions about operations or trends, you can communicate and learn with me! Let's exchange ideas and profit together! Public account: I am Zhou Yueying V Blog: Financial Expert Zhou Yueying
Article publication is subject to review delays, and market conditions change rapidly. The above suggestions are for reference only, and risks are self-assumed! The market changes drastically every day, and all I can do is provide some weak assistance based on my many years of practical experience, guiding everyone's investment decisions and management in the right direction. Meeting is fate, and I am a person who believes in fate. If you have any doubts or questions in the currency circle, you can pay more attention to Zhou Yueying, and I believe it will be helpful to you.
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