Yueying: Bitcoin is weak below 65,000 during the weekend, and Ethereum is expected to rebound with support at 3019.

CN
1 year ago

In a person's self-discipline, there is infinite potential. 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 release 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 daily real-time price strategy suggestions in the Moments. Let's see today's sharing!!

Bitcoin Technical Analysis———

On the daily chart of Bitcoin, after yesterday's "Tian Di Zhen," the market has risen above the seven-day moving average, but has not yet broken through the 60-day moving average and is still running below it. The Bollinger Bands are starting to narrow. In addition to the pressure from the 60-day moving average, there is also the middle rail above. The MACD fast and slow lines have dropped below the zero axis and show signs of a turning point. The volume bars have started to shrink, and the KDJ has turned upward with a crossing trend, paying attention to the resistance near the 50 value. The VR index is consolidating near the 100 value. On the 4-hour chart, the market is being resisted and retraced around the upper rail, running above the middle rail of the Bollinger Bands. The Bollinger Bands are slightly open, and the MACD fast and slow lines are being resisted near the zero axis with shrinking volume bars. Pay attention to whether it can break through the zero axis. The KDJ is forming a downward cross, and the VR index is consolidating near the 90 value. Overall, after the halving over the weekend, the market temporarily tends to be in a oscillating adjustment phase. If the daily chart can break through the 60-day moving average, the bulls can better continue; otherwise, it will continue to explore the bottom. Some people say that Yueying's articles are all about technical aspects and lack the mindset of institutional investors. I can only smile. Do you want to predict the mindset of institutional investors? Institutional investors will also predict your predictions. We small retail investors rely on technical aspects to find support and resistance, find entry and exit opportunities, and do well in intraday trading. What about predicting the future? There are many unknowns in the future. We strictly operate according to our own trading system, manage positions well, and earn our own profits. See short-term recommendations.

Bitcoin Short-term Recommendation: Short at 64680, Long at 63300 (activate the strategy for profitable self-control)

Ethereum Technical Analysis———

Ethereum was short at 3115 in the previous article, with a gain of nearly 100 dollars. The technical aspect can continue to refer to Bitcoin. The trend is slightly weaker. On the daily chart, it has not completely risen above the 7-day moving average. The resistance around 3120-3130 has been tested multiple times and retraced. Next, do not refer to this area, but slightly move up to around 3180 to focus on the resistance in this area. Support is between 3000-2980. See short-term recommendations.

Ethereum Short-term Recommendation: Short at 3166, Long at 3019 (activate the strategy for profitable self-control)

——I am Zhou Yueying, a teacher specializing in 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 Blog: 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 risks are self-assumed! The market changes constantly every day. All I can do is to provide some weak assistance based on my many years of practical experience, so that everyone's 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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