Morning Analysis by AICoin: BTC, ETH, and slerf 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, slerf Market Analysis Coming_aicoin_Figure 1

This is a 1-hour Binance BTC/USDT K-line chart, with the latest price at: 63388.4 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy point one: 63800 USDT (Considering the gradual narrowing of the difference between EMA(7) and EMA(30), if the price can stabilize above this level, it may indicate an improvement in the short-term trend)
  • Buy point two: 63000 USDT (Near the recent low price, with strong support, if the price retraces to this level and does not further decline, it can be seen as a good buying opportunity)
  • Long stop loss point: 62100 USDT (Slightly below the recent low in the period, providing enough space to avoid triggering stop loss due to market fluctuations)
  • Sell point one: 65000 USDT (Recent rebounds have been blocked several times in this area, which can be a preliminary profit target)
  • Sell point two: 66000 USDT (Close to the high point at 17:00 on April 15th, if broken, it may test higher levels, but taking partial profits first is a cautious choice)
  • Short stop loss point: 66800 USDT (Exceeding the recent period's high, providing reasonable risk control for short selling)

【Price Trend Analysis】

  1. K-line pattern:
  • Recent K-lines show significant price fluctuations, such as the long lower shadow at 07:00 on April 14th indicating some support from buyers at the low; while the long upper shadow at 17:00 on April 15th reflects pressure from sellers at the high.
  • No typical single K-line reversal signals within a specific time period, but attention should be paid to the relatively stable closing prices from 03:00 to 07:00 on April 16th, which may indicate a change in the short-term trend.
  1. Technical indicators:
  • The MACD indicator has been consistently in the negative zone, with both DIF and DEA being negative, and the MACD histogram also showing negative values, indicating a bearish market trend. However, the recent increase in MACD values over several periods implies potential for a rebound.
  • In the KDJ indicator, both the K and D values are in the oversold zone below 30, and are starting to turn upwards, while the J value fluctuates significantly, indicating the possibility of a rebound in the market.
  • The EMA indicator shows that the 7-day EMA has been consistently below the 30-day EMA, indicating that the short-term trend is still weaker than the long-term trend, overall bearish.
  1. Volume:
  • Volume increased at specific times (such as 06:00 on April 14th) accompanied by price declines, which is usually a signal confirming a downtrend.
  • The volume has gradually decreased in the most recent periods, and if there is no significant increase in volume, the current price range may enter a consolidation phase or seek a new direction.

ETH

ETH's 1-hour price trend: Down.

Little A Morning Analysis: BTC, ETH, slerf Market Analysis Coming_aicoin_Figure 2

This is a 1-hour Binance ETH/USDT K-line chart, with the latest price at: 3098.56 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy point one: 3050 USDT (Considering the low point at 01:00 on April 15th and the crossover of EMA(7) and EMA(30), this price may be a near-term support level)
  • Buy point two: 3000 USDT (Strong rebound occurred from 07:00 to 09:00 on April 14th, indicating strong buying support in this area)
  • Long stop loss point: 2950 USDT (Providing enough space to avoid triggering stop loss due to minor fluctuations, while referencing the low point near 10:00 on April 14th to set the stop loss)
  • Sell point one: 3150 USDT (Close to the 5-period MA above the latest price, and is a resistance level that has been tested multiple times recently)
  • Sell point two: 3200 USDT (Close to the high point at 19:00 on April 15th, if market sentiment turns bullish, this level can be a reasonable profit-taking point)
  • Short stop loss point: 3278 USDT (Slightly above the highest price recorded at 19:00 on April 15th, providing a safe buffer for short selling)

【Price Trend Analysis】

  1. K-line pattern:
  • Recent K-lines show significant price fluctuations, with a clear long lower shadow at 06:00 to 07:00 on April 14th, indicating increased buying activity after the price fell to a low, followed by a slight rebound.
  • In the two time periods of 19:00 to 20:00 on April 15th and 01:00 to 02:00 on April 16th, the closing price was close to the opening price, forming K-lines similar to a doji, which may indicate uncertainty in the market at these levels.
  1. Technical indicators:
  • In the MACD indicator, both DIF and DEA are negative and the MACD histogram shows a shrinking trend, indicating that although downward momentum still exists, it is gradually weakening.
  • In the KDJ indicator, the J value is higher than the K and D values in the latest data, and both the K and D lines are below the 40 level, suggesting potential for a rebound.
  • The EMA indicator shows that the 7-period EMA (3110.84) has fallen below the 30-period EMA (3135.36), indicating a bearish trend in the short term.
  1. Volume:
  • During significant price fluctuations, such as 08:00 to 09:00 on April 14th and 03:00 to 05:00 on April 15th, the volume relatively increased, indicating active participation from both buyers and sellers in these price ranges, which may be key support or resistance levels.
  • The volume has decreased in the most recent hours, indicating cautiousness among market participants, waiting for clearer directional signals.

slerf

slerf's 1-hour price trend: Down.

Little A Morning Analysis: BTC, ETH, slerf Market Analysis Coming_aicoin_Figure 3

This is a 1-hour HTX slerf/USDT K-line chart, with the latest price at: 0.3438 USDT, including EMA, MACD, KDJ, and volume indicators.

  • Buy point one: 0.3350 USDT (Considering EMA(7) at 0.3389, the price may find support in this area)

  • Buy point two: 0.3165 USDT (The low point at 02:00 on April 16th serves as a strong psychological and technical support level)

  • Long stop loss point: 0.3100 USDT (Slightly below buy point two, and is a recent obvious low point, providing enough space to avoid triggering stop loss due to minor fluctuations)

  • Sell point one: 0.3550 USDT (Close to the EMA(30) above the latest price, considered a short-term resistance level)

  • Sell point two: 0.3750 USDT (Near the recent high, if there is a rebound to this level, it may face selling pressure)

  • Short stop loss point: 0.3800 USDT (Above sell point two, allowing for market fluctuations, and is also an important recent resistance level)

Price Trend Analysis

  1. K-line pattern:

    • Recent K-lines show significant price fluctuations, with a clear upward trend from 07:00 on April 14th to 14:00 on April 15th, reaching a high of 0.4335 within a few hours from 06:00 to 14:00 on April 15th, followed by a decline. Subsequently, the price showed a trend of oscillation and decline.
    • From 01:00 on April 16th to the latest data, the K-line entity is relatively short, indicating market fluctuations within a small range, with no clear long entity representing strong buying or selling forces.
  2. Technical indicators:

    • In the MACD indicator, both DIF and DEA are below the zero axis, and DIF was below DEA at 07:00 on April 16th, with the MACD value negative, which is generally considered a bearish signal.
    • In the KDJ indicator, the J value has exceeded 80 multiple times recently, indicating possible overbought conditions. At 07:00 on April 16th, the J value had fallen to 59.75, but still relatively high, requiring attention to potential further adjustment pressure.
    • The EMA indicator shows that the 7-period EMA is below the 30-period EMA, and the current price is also below both, indicating a short-term downtrend.
  3. Volume:

    • Volume increased from 17:00 on April 14th to 05:00 on April 15th, accompanied by rapid price increases, indicating strong buying pressure.
    • Subsequently, the volume began to gradually decrease, especially in the price top area (13:00 to 22:00 on April 15th), the decrease in volume may indicate a weakening of upward momentum.

※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 easily helps you interpret the trend of currencies, analyze indicator signals, and identify entry and exit points. You can experience it on the APP or PC end.

Download for PC: https://www.aicoin.com/en-US/download

Download the APP: https://aicoin.app/download

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。

ad
出入金首选欧易,注册立返20%
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink