The intraday direct rise of 800 points in long positions has already emerged, gradually looking to break through the upper resistance!

CN
2 years ago

The intraday direct rise in long positions by 800 points has already emerged, gradually looking to break through the upper resistance!

Intraday also saw a direct rise, as discussed in the morning market layout. The support below is still relatively obvious. For the intraday trend, it is fine to directly look for an increase. Bitcoin also reached a high of 27990. The intraday support below and the bullish target pressure of 27800 are direct profit-taking points. Everyone should grasp the market well. Currently, after the intraday rise, the short-term trend is gradually oscillating and consolidating around the support below. In the current four-hour trend, the support of MA5 below has not effectively moved up. The market trend line still needs to move up to support before it can continue to open up the subsequent market range. Therefore, for the intraday trend, it still needs to continue to oscillate before it can continue to rise, or consider a rebound after a retracement. The support below in the evening is around 27500. There will also be a short-term decline. After the decline reaches the support, the upward momentum can continue. The upper resistance is around 28000. After breaking through the resistance, it can continue to rise!

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The market of Ethereum is also the same, rising as expected. The highest point reached was 1589. There is no problem with the short-term support below and waiting for the subsequent breakthrough. The current short-term market is also breaking through the support of MA5 below, so for the evening market, it is also fine to continue to look for an increase. Because the previous market retracement has reached the support below, it is possible to start looking for an increase in the subsequent market. The pressure in the evening market is still around 1600. If the upper resistance is broken, then it can continue to rise!

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(Article suggestion: Due to the impact of timeliness, it is recommended for reference only)

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