April 22nd, Kuogu: After the oscillation retracement, do the bulls still have a chance?

CN
1 year ago

2024.04.22 Monday

After the oscillation callback, is there still an opportunity for the bulls?

23:30 US 3-month Treasury bill auction on April 22 - bid rate

23:30 US 6-month Treasury bill auction on April 22 - bid rate

  1. Daily chart: After breaking through the 60,000 support level, there was some oscillation. If the subsequent callback does not break this support, the upward trend will continue.

  1. 1-hour chart: After a short-term breakthrough of the 63,000 support level, there was a callback. If the subsequent callback does not break this support, there will still be an upward trend.

II. Ethereum

Daily chart: After breaking through the 3,100 support level, there was some oscillation. If the subsequent oscillation does not break this support, the upward trend will continue.

  1. 1-hour chart: After a short-term breakthrough of the 3,020 support level, there was a callback. If the subsequent callback does not break this support, there will still be an upward trend.

I. Bitcoin

  1. Yesterday's view:

Summary: After a short-term breakthrough of the 63,000 support level, the price continued to rise. If the subsequent callback does not break this support, there will still be an upward trend. Resistance above is at 67,500 and 70,030; if it breaks below, the downward space will continue to expand, with support below at 60,500 and 58,500.

  1. Subsequent trend:

The subsequent trend adjustment did not break the 63,000 support level and maintained oscillation, reaching a high of 65,654.

II. Ethereum

  1. Yesterday's view:

Summary: After a short-term breakthrough of the 3,020 support level, the price continued to rise. If the subsequent callback does not break this support, there will be another upward trend. Resistance above is at 3,300 and 3,430; if it breaks below, the downward space will continue to expand, with support below at 2,900 and 2,785.

  1. Subsequent trend:

The subsequent trend adjustment did not break the 3,020 support level and maintained oscillation, reaching a high of 3,189.

I. Bitcoin

Summary: After a short-term breakthrough of the 63,000 support level, the price continued to rise. If the subsequent callback does not break this support, there will still be an upward trend. Resistance above is at 67,500 and 70,030; if it breaks below, the downward space will continue to expand, with support below at 60,500 and 58,500.

II. Ethereum

Summary: After a short-term breakthrough of the 3,020 support level, the price continued to rise. If the subsequent callback does not break this support, there will be another upward trend. Resistance above is at 3,300 and 3,430; if it breaks below, the downward space will continue to expand, with support below at 2,900 and 2,785.

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