Yueying: Can the big cake continue the bull market? The closing of the daily chart is particularly crucial. Long above 3130.

CN
1 year ago

In a person's self-discipline, there is infinite potential hidden. 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, the harder you work; the more self-disciplined, the more outstanding. 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. Here, Yueying only provides precise points, without ambiguous ranges or nearby areas. Friends who like Yueying can follow. Let's see today's sharing!!

Bitcoin Technical Analysis———

On the weekly chart of Bitcoin, there are double pins, and the technical aspect is bullish, but pay attention to the resistance of the 7-day moving average. On the daily chart, there is continuous upward movement, finally testing the previously mentioned 60-day moving average today. The short-term midline is suppressed, the Bollinger Bands are narrowing, the MACD fast and slow lines are turning upwards, the volume bars are shrinking, the KDJ is crossing upwards, and attention should be paid to the resistance near the 100 value of the VR index. On the 4-hour chart, the market is stabilizing above the 60-day moving average, with 3 consecutive upward movements testing the resistance of the upper track, the Bollinger Bands are opening upwards, the short-term moving average is upward, the MACD fast and slow lines are extending upwards, the volume bars are once again increasing, the KDJ is crossing upwards, and the VR index is consolidating near the 100 value. Overall, the market is ending the oscillation and entering a bullish trend, but the two key positions above, around 66800 and 67700, are worth noting as they are the locations of the previous two opening gaps. Also, pay attention to the 60-day moving average on the daily chart. Currently, it is only in the testing phase. If it can break through and stabilize, the potential for further upward movement in the bullish trend will be greater. Short-term recommendations.

Short-term strategy for Bitcoin: Long at 65000 (activate the strategy for profit and manage it on your own)

Ethereum Technical Analysis--

For Ethereum, the technical aspect can be referenced from Bitcoin. However, at the daily chart level, there is still some distance from the 60-day moving average, so first focus on the range of 3300-3360, and only after this price breakthrough can the resistance of the 60-day moving average on the daily chart be considered. As mentioned earlier, there have been multiple tests of the resistance around 3120-3130, but Yueying does not consider this range. The market has moved as expected, breaking through after grinding below 3190, completing a rebound breakthrough within the day. The resistance above can be referenced from the prices mentioned earlier. In the short term, it is favorable to focus on buying on dips, with 3130 as the boundary. As long as this price is not broken, participation can be considered above. Short-term recommendations.

Short-term strategy for Ethereum: Long at 3164 (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, feel free to 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 is constantly changing. The above suggestions are for reference only, and risks are to be borne by the individual. The market changes drastically every day, and all I can do is to provide some weak assistance based on my years of practical experience, guiding everyone's investment decisions and management in the right direction. Meeting is fate, and 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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BitMart:上新快、福利猛!注册即享14,000+ USDT迎新奖!
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