Yueying: Bullish on BTC if it doesn't break 65600, with 3130 as a key support for ETH.

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, 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 irregular real-time price strategy suggestions in the Moments every day. 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 daily chart, Bitcoin saw a breakthrough of the 60-day moving average with a solid bullish candle yesterday, but it has not completely stabilized at the middle Bollinger Band, which is in a flat state. The MACD fast line has turned upwards, showing signs of forming a cross upwards, and the volume bars continue to shrink. KDJ is extending upwards, paying attention to the resistance near the 100 value, and the VR index is consolidating near the 100 value. On the four-hour chart, the market was resisted around 67200 and retraced into a correction. The Bollinger Bands are opening upwards, forming short-term suppression at the upper band. Currently, the candlestick is testing the 7-day moving average, and the short-term moving averages are still running upwards. The MACD fast line continues to extend upwards with slight signs of turning, and the volume bars are once again shrinking. KDJ has turned downwards to form a cross, and the VR index is consolidating near the 130 value. Overall, the market is in line with yesterday's expectations and also tested the first resistance mentioned yesterday. Once it breaks through, attention should be paid to around 67700. The daily chart has completed the breakthrough of the 60-day moving average. The focus is on whether it can stabilize at this average. Once stabilized, the bullish continuation space will be greater. In the short term, the focus is still on buying on dips. See short-term recommendations;

Short-term strategy for Bitcoin: Long at 65600. (Activate the strategy for profit and manage it on your own)

Ethereum Technical Analysis--

Regarding Ethereum, the long position at 3164 given yesterday also yielded some gains. From a technical perspective, the view remains the same as yesterday, with 3130 as the dividing line. If this price is not broken, long positions can participate, as the previous top has turned into the current bottom. The position for buying on dips yesterday can be participated in again today. See 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. Friends who have any questions about operations or trends 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 market conditions change rapidly. The above suggestions are for reference only, and risks are to be borne by oneself! The market changes constantly 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. 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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