Morning Analysis by AICoin: BTC, ETH, and bome Market Analysis Incoming

CN
1 year ago

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

Welcome to the group chat to ask Little A for more analysis: https://jv.mp/JaQ0CE

BTC

BTC's 1-hour price trend: Down.

Little A Morning Analysis: BTC, ETH, bome Market Analysis Coming-aicoin-Figure 1

This is a 1-hour Binance BTC/USDT K-line chart, with the latest price at: 65618.3 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy Point 1: 65000 USDT (After multiple tests of the 61000-62000 support area, a rebound near 65000 is considered a short-term bottom and can be used as an initial buy point)
  • Buy Point 2: 63000 USDT (If the price falls below 65000 and approaches the historical support area of 61000-62000, consider further buying in this area or slightly above this area)
  • Long Stop Loss: 61500 USDT (Below the 61000-62000 support area, providing enough space to avoid triggering stop loss due to minor fluctuations)
  • Sell Point 1: 67000 USDT (Both EMA(7) and EMA(30) are above this price level, and have not been able to break through this level in the recent few periods, which can be seen as a resistance level)
  • Sell Point 2: 69000 USDT (Near the recent high point of 68293.9, there is expected to be significant selling pressure, setting a higher target to gain a larger profit margin)
  • Short Stop Loss: 70000 USDT (Exceeding the recent high point, providing additional space to prevent triggering stop loss due to unexpected price surges)

【Price Trend Analysis】

  1. K-line Form:
  • Recent K-line shows significant price fluctuations, such as the long upper shadow at the high of 68293.9 and the low of 67470.0 on March 21 at 08:00, indicating significant selling pressure.
  • Multiple tests of the 61000-62000 support area between 13:00 on March 20 and 04:00 on March 21 without breaking through may have formed a short-term bottom.
  1. Technical Indicators:
  • MACD Indicator: The current MACD histogram is negative and the DIF is below the DEA, indicating that the market is in a bearish trend. However, the MACD value has increased from negative to near zero, suggesting a potential reversal signal.
  • KDJ Indicator: The K value (32.90) is lower than the D value (29.13), and the J value (40.43) is slightly higher, indicating signs of oversold in the market, which may lead to a short-term rebound.
  • EMA Indicator: The closing price is below EMA(7), and EMA(7) is also below EMA(30), which is usually considered a downward trend.
  1. Volume:
  • Volume increases significantly during large price fluctuations, such as the significant increase in volume at 04:00 on March 21, accompanied by a price rebound, which may be a sign of buyer intervention.
  • The latest period's volume of 3991.6000 has decreased relative to the previous few hours, indicating a decrease in market activity, and further trend needs to be observed to confirm volume changes.

ETH

ETH's 1-hour price trend: Down.

Little A Morning Analysis: BTC, ETH, bome Market Analysis Coming-aicoin-Figure 2

This is a 1-hour Binance ETH/USDT K-line chart, with the latest price at: 3496.61 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy Point 1: 3450 USDT (Near the low point of the long lower shadow at 13:00 on March 20, indicating strong support)
  • Buy Point 2: 3400 USDT (The low point areas at 02:00 on March 21 and 02:00 on March 22, if further pullback to this price level may attract buying interest)
  • Long Stop Loss: 3350 USDT (Leave enough space to avoid triggering stop loss due to minor fluctuations, and below important support levels in the recent days)
  • Sell Point 1: 3550 USDT (Near the high point at 16:00 on March 21, may face short-term selling pressure)
  • Sell Point 2: 3600 USDT (Exceeding the highest point at 17:00 on March 21, if broken through, may test higher resistance levels)
  • Short Stop Loss: 3650 USDT (Above Sell Point 2, providing space to avoid triggering stop loss due to minor upward movements)

【Price Trend Analysis】

  1. K-line Form:
  • Recent K-line shows significant price fluctuations, such as the long lower shadow at 13:00 on March 20, indicating buying support at the low level. The long upper shadow at 16:00 on March 21 reflects strong selling pressure at the high level.
  • In the recent few hours, the price shows a trend of oscillating decline, especially the consecutive small real bodies and short shadows from 01:00 to 07:00 on March 22 indicate market uncertainty.
  1. Technical Indicators:
  • MACD Indicator: Both DIF and DEA are positive values but DIF crosses below DEA, the MACD histogram changes from positive to negative, suggesting the risk of further decline in the short term.
  • KDJ Indicator: After the J value exceeds 100, it begins to decline, and the K and D lines cross downward, which is usually seen as a selling signal.
  • EMA Indicator: EMA(7) has always been above EMA(30), but the gap is gradually narrowing. If EMA(7) crosses below EMA(30), it may indicate a change in the medium-term trend.
  1. Volume:
  • After reaching a peak at 13:00 on March 20, the volume gradually decreases, indicating that the previous price decline was accompanied by increased volume, and the current decrease in volume may indicate a weakening downward momentum.
  • The latest period's volume is relatively stable, with no significant increase or decrease in volume, and it is necessary to pay attention to whether there will be a sudden increase in volume to confirm the price trend.

bome

bome's 1-hour price trend: Up.

Little A Morning Analysis: BTC, ETH, bome Market Analysis Coming-aicoin-Figure 3

This is a 1-hour HTX bome/USDT K-line chart, with the latest price at: 0.013898 USDT, including EMA, MACD, KDJ, and volume indicators.

  • Buy Point 1: 0.0136 USDT (Currently supported by EMA(7), showing signs of rebound at this level)
  • Buy Point 2: 0.0128 USDT (Near the recent low point, if broken, it may trigger stop-loss selling and lead to further decline)
  • Long Stop Loss: 0.0125 USDT (Slightly below Buy Point 2, providing enough space to avoid triggering stop loss due to minor fluctuations)
  • Sell Point 1: 0.0142 USDT (Recent high point, may face a pullback after breaking through)
  • Sell Point 2: 0.0150 USDT (Recent highest price, exceeding this point may enter a new uptrend channel)
  • Short Stop Loss: 0.0152 USDT (Above Sell Point 2, providing protection for short positions and reducing potential losses)

Price Trend Analysis

  1. K-line Form:
    • Recent K-line shows intensified price fluctuations, especially with the long upper shadow at 23:00 on March 21, indicating selling pressure at the high level.
    • From 07:00 on March 20 to the latest data point, there are no typical reversal or continuation patterns such as doji or hammer.
  2. Technical Indicators:
    • MACD Indicator: Both DIF and DEA are in positive territory, and DIF has been slightly higher than DEA in the recent few periods, with the MACD histogram also showing positive values, suggesting the current trend is biased towards the bullish side.
    • KDJ Indicator: The J value has reached extreme values in some time periods (exceeding 80 or below 20), which may indicate potential price reversals. Currently, the K and D values are relatively stable, but any rapid crossover signals should be monitored.
    • EMA Indicator: EMA(7) has always been above EMA(30), which is usually seen as a sign of an uptrend.
  3. Volume:
    • There was a significant increase in volume from 22:00 to 23:00 on March 21, accompanied by a price increase, indicating strong buying pressure.
    • The volume has decreased in the recent few hours, and if there is no increase in volume in the future, the current price level may lack support.

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

Little A Intelligent Analysis is the industry's first intelligent analysis tool recommended by AICoin, which helps you easily interpret the trend of currencies, analyze indicator signals, and identify entry and exit points. Experience it on the APP or PC end.

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