New Yak talks about the market: Bitcoin market situation on July 16 may be.

CN
1 hour ago

Good evening everyone, I am Xin Ya. It seems that I left early again yesterday, but following the conservative path mentioned yesterday, I arrived at the most suitable entry point. Specifically, 63800 and 1868, did you see? This is the recent market, with average continuity; sometimes, you really need to wait.
Currently, Bitcoin is at the one-hour ema120, 144, around 63800-64000. If it can hold, it will continue to rebound, further opening up space. The one-hour ma200 is at 63500, and the daily ema30 is at 63600. The four-hour ema120, ema144, is around 63300. The daily ema is very obvious, and the support is densely layered as expected. We cannot be bearish. We can determine that the market is only pulling back after taking some momentum.


Although the four-hour MACD fast and slow lines have crossed negatively above zero, and the one-hour fast and slow lines have just dipped underwater, the MACD indicator is already indicative of the generated market. The continuity of the recent market is poor, and it is easy to be lured when looking at the future market.
Therefore, the most likely scenario in the future is to continue testing upward after a 15-minute consolidation, entering early.
In fact, the structure of Bitcoin is very clear, in a transitional phase of a rising continuation. There is not much space left; it has only dipped under the influence of the macro environment. You can look at the electronics and semiconductor sectors; see how badly they have fallen. In comparison, the amplitude of cryptocurrency is relatively small. Following the same logic as an oscillation instead of a decline, not weakening is already strong performance. The market will relax a bit before rising again.


As for Ethereum, it has returned below the previous small box range, where there is supporting effect. Ethereum may continue to oscillate around 1862-1890 before testing upward. The fifteen-minute ema120, 144, and one-hour ema30 are all at 1895, with not strong suppression, viewed as oscillation.
The Ethereum one-hour ema120 and 144 are at 1840, which is the last area for bulls to add positions. The four-hour ema12 is far back at around 1780, and the daily ema120 is at 2000. The gaps on both sides are far, not very meaningful for reference.


The current average price should be around 63800, or 64250, while Ethereum should be at 1868 and 1888.
The former continues to hold, the latter can reduce costs when it arrives, and continue to add positions if it drops further, thus ensuring an advantage in average price. In the future tug-of-war, Bitcoin and Ethereum will test 66500 and 1980, respectively. Along the way, the process can evolve into various structures; handle the short-term market well. The positions mentioned yesterday continue to be monitored, with the future looking towards an upward tug-of-war for a strong attack.

In fact, even for those who entered early, the risk of adding positions is not high; do not let holding positions affect you. During this time, I have been influenced by holding positions. You should keep in mind that recently, every step has been slightly early, whether going long or short, it has always been early. However, the movement space of the future market has never been small; now I need to combine the rhythm of correction in operation and continue to find opportunities to step into the market.

Follow along, WeChat public account: Xin Ya talks about Chan.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink