Xiao A's evening analysis: TRB, CEL, and W market analysis is coming.

CN
1 year ago

Evening market trends may go how? Little A explains for you!

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TRB

1-hour price trend of TRB: Down.

Little A Evening Analysis: TRB, CEL, W Market Analysis Strikes_aicoin_Figure 1

This is a 1-hour Binance TRB/USDT K-line chart, with the latest price at 68.070 USDT, including EMA, MACD, KDJ, and trading volume indicators.

【Buy/Sell Points】

  • Buy Point 1: 66.00 USDT (Considering EMA(7) is higher than EMA(30), short-term trend is positive, but MACD shows weakening bullish momentum, choose to set buy point near recent support level)

  • Buy Point 2: 62.00 USDT (If the price retraces to the bottom of the reversal zone on May 2, it can be considered a strong buy signal, also a potential support level after the previous breakout)

  • Long Stop Loss: 59.00 USDT (Below Buy Point 2, with enough space to avoid triggering stop loss due to minor fluctuations, also below recent trading range bottoms)

  • Sell Point 1: 72.00 USDT (Near the top of the current period's upper shadow, potential selling pressure, suitable as an initial profit-taking point)

  • Sell Point 2: 78.00 USDT (Near the recent period's high price, expected to face greater selling pressure at this level, suitable for further profit-taking)

  • Short Stop Loss: 80.00 USDT (Above Sell Point 2, providing sufficient room for market fluctuations, also exceeding recent highs to reduce potential losses from unexpected rallies)

【Price Trend Analysis】

  1. K-line pattern:

    • Recent K-line shows significant price fluctuations, with a clear bottom reversal signal between 00:00 on May 2 and 17:00 on May 3. Especially between 22:00 on May 2 and 04:00 on May 3, the price rose from a low of 44.164 to a high of 78.9, indicating a strong upward trend.
    • K-line from 03:00 to 08:00 on May 3 shows a long lower shadow, suggesting buying interest in this area, indicating strong support.
  2. Technical indicators:

    • In the MACD indicator, both DIF and DEA are in positive territory, but the MACD histogram has turned from positive to negative, indicating weakening bullish momentum and potential retracement pressure.
    • In the KDJ indicator, the J value has experienced overbought conditions (exceeding 80) in the recent few periods, followed by a decline, which may indicate a certain degree of adjustment in the market in the short term.
    • The EMA indicator shows that EMA(7) has been consistently higher than EMA(30), indicating that the short-term trend is still positive, but the gap is narrowing, requiring vigilance for potential trend changes.
  3. Trading volume:

    • Trading volume increased rapidly during the price surge, such as from 23:00 on May 2 to 04:00 on May 3, which is usually considered confirmation of an upward trend.
    • The trading volume of the latest period has decreased compared to the previous hour. If the trading volume continues to shrink in the coming periods, it may indicate insufficient upward momentum, requiring attention to potential price retracement risks.

CEL

1-hour price trend of CEL: Down.

Little A Evening Analysis: TRB, CEL, W Market Analysis Strikes_aicoin_Figure 2

This is a 1-hour OKX CEL/USDT K-line chart, with the latest price at 0.2204 USDT, including EMA, MACD, KDJ, and trading volume indicators.

【Buy/Sell Points】

  • Buy Point 1: 0.2200 USDT (Near the current price, the downward trend after the death cross of EMA(7) and EMA(30) may temporarily ease. If the market reaction is not strong, consider light position long here)

  • Buy Point 2: 0.2100 USDT (Combining the lowest price of 0.139 and the fluctuation range, this position is close to the previous support level. If the price retraces to this level, buying interest is expected, suitable for increasing position long)

  • Long Stop Loss: 0.2000 USDT (Leave enough space to avoid triggering stop loss due to minor fluctuations, considering 0.2000 as a psychological barrier, breaking below may trigger greater selling pressure)

  • Sell Point 1: 0.2300 USDT (In the area of recent highs within the past few hours, if the price rises to this level, it may face selling pressure, suitable as an initial profit-taking point)

  • Sell Point 2: 0.2400 USDT (Higher price range after 01:00 on May 2, if the price can break through this resistance level, it may further rise, but also be cautious of downside risks)

  • Short Stop Loss: 0.2500 USDT (Exceeding Sell Point 2 and stabilizing indicates a possible bullish market. Setting a protective stop loss at this level can limit losses)

【Price Trend Analysis】

  1. K-line pattern:

    • Recent K-line shows intensified price fluctuations, especially between 00:00 on May 2 and 07:00 on May 3, indicating intense and unstable market sentiment.
    • In the latest few hours, the K-line entity gradually shrinks, accompanied by upper and lower shadows, indicating that the strength of both buyers and sellers is beginning to balance.
  2. Technical indicators:

    • In the MACD indicator, the DIF is below the DEA (DIF is lower than DEA), the MACD histogram is negative, indicating a downward bias in the current trend. However, the length of the MACD histogram is decreasing, indicating weakening downward momentum.
    • In the KDJ indicator, the J value has fallen from a high level in the recent few periods, with the K line crossing the D line, showing no clear bullish or bearish signals, reflecting a lack of clear market direction.
    • The EMA indicator shows that the 7-period EMA has crossed below the 30-period EMA, forming a death cross state, indicating potential downward pressure in the short term.
  3. Trading volume:

    • During the period of significant price fluctuations, such as 00:00 on May 2, the trading volume reached its peak, followed by a slight decrease, but still at a relatively high level, indicating high market activity.
    • The trading volume in the recent few hours is relatively stable, with no abnormal volume surge, consistent with the balanced price trend of the K-line.

W

1-hour price trend of W: Up.

Little A Evening Analysis: TRB, CEL, W Market Analysis Strikes_aicoin_Figure 3

This is a 1-hour BitMEX W/USDT K-line chart, with the latest price at 0.6626 USDT, including EMA, MACD, KDJ, and trading volume indicators.

【Buy/Sell Points】

  • Buy Point 1: 0.6209 USDT (EMA(7) has formed a golden cross with EMA(30), and MACD shows strong upward momentum)

  • Buy Point 2: 0.5937 USDT (This price is the recent low, there may be support if the price retraces to this level)

  • Long Stop Loss: 0.5900 USDT (Slightly below Buy Point 2, providing enough space to avoid triggering stop loss due to minor fluctuations)

  • Sell Point 1: 0.6626 USDT (Current high price, may face resistance if the price touches this level again)

  • Sell Point 2: 0.6700 USDT (Setting a higher target, considering the possibility of continued bullish sentiment in the market)

  • Short Stop Loss: 0.6750 USDT (Above Sell Point 2, setting a safe buffer for short trades)

【Price Trend Analysis】

  1. K-line pattern:

    • From 01:00 on May 2 to the latest price, there is a long bullish candlestick, indicating buyer control and a significant price increase during this hour.
    • In the previous multiple time periods, the price remained unchanged, showing a series of horizontal short lines, possibly due to low trading activity or a wait-and-see market.
  2. Technical indicators:

    • MACD indicator: DIF and DEA are positively diverging, and the MACD histogram shows an increasing trend, indicating strong upward momentum.
    • KDJ indicator: The K and D values have rapidly risen from a low level and exceeded the J value, suggesting strengthening buyer momentum in the short term, possibly indicating overbought conditions.
    • EMA indicator: EMA(7) has crossed above EMA(30), forming a golden cross, supporting an upward trend.
  3. Trading volume:

    • Significant volume appeared at 02:00 on May 2, combined with the long bullish candlestick, indicating that the upward trend is supported by trading volume.
    • Subsequent trading volume decreased, but the price remained high, requiring attention to whether there will be accompanying trading volume to confirm the continuity of the trend.

※All content is provided by the intelligent analysis assistant Little A, and is for reference only, not constituting any investment advice!

Little A Intelligent Analysis is the industry's first intelligent analysis tool launched 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.

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