Xiao A's evening analysis: Market analysis of dogs, ETH, and TON is coming.

CN
1 year ago

Evening market trends may go how? Little A analyzes for you!

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dogs

1-hour price trend of dogs: Sideways.

Little A evening analysis: dogs, ETH, TON market analysis is coming_aicoin_Figure 1

This is a 1-hour OKX Ordinals dogs/BTC K-line chart, with the latest price at: 0.0000002600 BTC, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy point one: 0.0000002700 BTC (the current price is close to the lowest price, if the market rebounds, this position may be a short-term support level)

  • Buy point two: 0.0000002600 BTC (if the price falls below the previous support level, the next potential buying area will be near the latest price. Considering the overall stable trend, this position may provide a better risk-reward ratio)

  • Long stop-loss point: 0.0000002550 BTC (leave enough space to avoid minor fluctuations triggering stop-loss, and if it falls below this point, it may indicate that the market may soften further)

  • Sell point one: 0.0000002900 BTC (close to EMA(7) and EMA(30), can be used as a short-term resistance level, suitable as the initial profit-taking point)

  • Sell point two: 0.0000003000 BTC (close to the historical high point, if the price can rise to this level, it may encounter significant selling pressure, suitable as the second profit-taking point)

  • Short stop-loss point: 0.0000003050 BTC (beyond sell point two, giving the market a certain amount of fluctuation space, if the price continues to rise, it may indicate a change in trend)

【Price Trend Analysis】

  1. K-line pattern:

    • In the past few hours, the price has remained in a narrow range between 0.0000002700 and 0.0000003000, without significant long bodies or specific meaningful K-line combinations. Overall, the market is in a sideways consolidation phase.
  2. Technical indicators:

    • MACD indicator shows that the average values of DIF and DEA are close and the MACD histogram value is small, indicating that the current market momentum is not strong and the trend is not clear.
    • In the KDJ indicator, the J value is negative in the latest data, while it had reached a very high level in the previous period, which may indicate the risk of a pullback after overbought conditions.
    • EMA indicator shows that the 7-period EMA has always been above the 30-period EMA, but the gap is gradually narrowing, implying that the bullish momentum is weakening.
  3. Volume:

    • The recent trading volume has been very low, with even several consecutive periods of zero volume, indicating that market participants are not very active, which may lead to price fluctuations being easily influenced by large orders.
    • Starting from 21:00 on the 29th, the trading volume has increased, but it is still very low compared to earlier time points, failing to provide sufficient support to drive the price out of the range.

ETH

1-hour price trend of ETH: Downward.

Little A evening analysis: dogs, ETH, TON market analysis is coming_aicoin_Figure 2

This is a 1-hour Binance ETH/USDT K-line chart, with the latest price at: 2521.54 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy point one: 2510 USDT (considering that EMA(7) is near 2520.36, there are signs of a rebound in price, but for caution, set it below EMA(7) as a support level)

  • Buy point two: 2490 USDT (based on the lowest price of 2427.65 and the subsequent upward trend, 2490 USDT serves as a more conservative buying point, leaving a larger space to absorb possible downward trends)

  • Long stop-loss point: 2470 USDT (giving 20 USDT below buy point two to avoid minor fluctuations triggering stop-loss, and considering 2500 USDT as a psychological barrier, slightly widening the stop-loss point)

  • Sell point one: 2550 USDT (combined with the decrease in DIF and DEA values in the MACD indicator, it is expected that there may be an increase in the short term, and 2550 USDT serves as the initial selling signal in the high point area)

  • Sell point two: 2580 USDT (close to the highest price of 2594, serving as a potential resistance level, if the price can break through, higher profits can be realized)

  • Short stop-loss point: 2600 USDT (beyond the recent high price, providing a safety cushion for short operations, ensuring that significant losses are not incurred due to unexpected price surges)

【Price Trend Analysis】

  1. K-line pattern:

    • Recent K-lines show significant price fluctuations, with multiple long upper and lower shadows, indicating intense market competition. Especially from 23:00 on August 28 to 01:00 on August 29, there was a long lower shadow rebound from the low point, suggesting buyer intervention.
    • From 17:00 on August 28 to 17:00 on August 30, there is an overall oscillating downward trend, but the latest price of 2521.54 has rebounded somewhat compared to the previous few hours.
  2. Technical indicators:

    • MACD indicator: DIF remains in the negative zone, and DEA is also negative, with the MACD histogram below the 0 axis, indicating a bearish trend. However, the MACD value has gradually decreased from -8.16 to -2.22, indicating that bearish momentum may be weakening.
    • KDJ indicator: The J value is at 71.17, higher than the K value of 53.17 and the D value of 44.17, which may indicate that there may be some upward pressure on prices in the short term, but overbought conditions need to be watched out for.
    • EMA indicator: The latest closing price of 2521.54 is above the EMA(7) of 2520.36, but still below the EMA(30) of 2529.71, indicating that the medium-term trend is still bearish, but there may be signs of a rebound in the short term.
  3. Volume:

    • After reaching a peak at 02:00 on August 29, the trading volume gradually decreased, consistent with the downward trend of prices, indicating that the downward trend is supported by trading volume.
    • The trading volume has been stable in the recent few hours, with no significant increase or decrease, and market participants may be waiting for more clear trend signals.

TON

1-hour price trend of TON: Sideways.

Little A evening analysis: dogs, ETH, TON market analysis is coming_aicoin_Figure 3

This is a 1-hour OKX TON/USDT K-line chart, with the latest price at: 5.422 USDT, including EMA, MACD, KDJ, and volume indicators.

  • Buy point one: 5.450 USDT (Considering the flat EMA(7) and EMA(30) moving averages, and the price showing support near this level)

  • Buy point two: 5.400 USDT (If the market further retraces, 5.4 is a psychological barrier and the previous low point area, there may be buying interest)

  • Long stop-loss point: 5.350 USDT (Leaving enough space to avoid minor fluctuations triggering stop-loss, and this price is lower than buy point two, serving as a strong support level in the near term)

  • Sell point one: 5.500 USDT (Not far above the current price, can be used as a short-term target selling point, combined with the recent high points in the past few hours)

  • Sell point two: 5.550 USDT (A more conservative profit-taking point, close to the multiple high points on August 29, expected to face selling pressure)

  • Short stop-loss point: 5.600 USDT (Beyond sell point two, leaving some space, also an important resistance level in the near term)

【Price Trend Analysis】

  1. K-line pattern:

    • Recent K-lines show significant price fluctuations, especially on August 28 at 22:00 when there was a very high high of 5.988 and a lower closing price of 5.623, indicating significant selling pressure during that time period.
    • From 03:00 on August 29 to 17:00 on August 30, the price gradually fell and stabilized, with minor fluctuations around 5.4.
  2. Technical indicators:

    • MACD indicator: The average values of DIF and DEA are close and the MACD histogram value is small, indicating that the market is in a relatively balanced state, with no clear long or short divergence.
    • KDJ indicator: The J value appeared to be overbought or oversold in some periods (e.g., J value reached 102.60 at 10:00 on August 29), but overall, the K, D, and J are starting to converge towards the midline of 50, suggesting a possible entry into a period of oscillation.
    • EMA indicator: The difference between EMA(7) and EMA(30) is not significant, and both moving averages show a flat trend, reflecting the lack of a strong trend in the current market.
  3. Volume:

    • The volume increased during significant price fluctuations, such as a sharp increase in volume at 22:00 on August 28, followed by a price decline.
    • The volume has gradually decreased in the past few hours, consistent with a market environment where prices are stabilizing.

※All content is provided by the intelligent analysis assistant Little A, and is for reference only, and does not constitute any investment advice!

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