Yueying: Can Da Bing return to the bullish trend after a violent pullback? Short-term support at 1952, looking for a rebound.

CN
2 years ago

In one's self-discipline, there is infinite possibility. The level 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 coins, and providing insights into the market based on my own technical expertise.

First released on the official account. For friends who want to verify my strength, follow the official account at the end of the article to find Yueying. There are irregular real-time price strategy suggestions in the Moments every day. Let's see today's sharing!

Bitcoin Technical Analysis———

On the daily chart of Bitcoin, the previous candle closed below the middle track after a rapid rebound, and the market returned to running above the middle track. The Bollinger Bands began to shrink and flatten, and the 7-day moving average changed from support to resistance. The MACD fast and slow lines continued to maintain a high-level cross and extend downwards. The volume continued to increase, and the KDJ three lines moved downwards, paying attention to the support near the 20 value. The VR index consolidated near the 260 value. On the four-hour chart, after the market fell below the lower track, it quickly rebounded and returned to running above the lower track of the Bollinger Bands. The moving average turned downwards, and the Bollinger Bands were in an open state. The MACD crossed below the 0 value and showed a slight turning point. The volume began to shrink, and the KDJ crossed upwards at a low level, paying attention to the resistance near the 80 value. The VR index consolidated near the 50 value. Overall, after last night's decline, there is a demand for rebound and range oscillation repair. The short-term resistance above is around 36300, and the support below is around 34900. Short-term market can rely on this range to intervene. Specific suggestions are as follows:

Short-term strategy for Bitcoin: Short at 36188, Long at 35155. (Activate the strategy for profit and manage it on your own)

Ethereum Technical Analysis————

On the Ethereum side, the bearish candle yesterday broke the previous gains. The key resistance above is around 2020, and the support below is around 1930. Technically, the same range is used for short-term suggestions as for Bitcoin.

Short-term strategy for Ethereum: Short at 2014, Long at 1952. (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! Official account: I am Zhou Yueying, V Bo: Financial Expert Zhou Yueying

Article publication is subject to review delays, and the market changes in an instant. The above suggestions are for reference only, and the risk is at your own. The market changes every day, and all I can do is to provide some weak help based on my years of practical experience, so that your investment decisions and management can be on the right track. Meeting is fate. I am a person who believes in fate. If you have any doubts or questions in the coin circle, you can pay more attention to Zhou Yueying, and I believe it will be helpful to you.

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