Yueying: Bitcoin's 4-hour short-term bottoming out looks for a rebound, while Ethereum continues to be treated in a box pattern, waiting for a breakthrough.

CN
1 year ago

In a person's self-discipline, there is infinite potential. The degree 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. Yueying's strategies are precise, without ambiguous ranges or nearby areas. Friends who like Yueying can follow. Let's see today's sharing!

Bitcoin Technical Analysis————

Yesterday, Bitcoin gave a short position at 67500, with the highest rebounding around 67350, falling short by over 100 dollars. Looking at the daily chart, after two consecutive bearish candles, there was a rebound around 65400 during the day, with the Bollinger Bands maintaining an open state. The MACD fast and slow lines showed signs of a turnaround, the volume bars shrank, the KDJ crossed downward, and the VR index consolidated around the 100 value. Looking at the 4-hour chart, the candlesticks tested the support level with two consecutive positive movements, the Bollinger Bands narrowed and flattened, forming a short-term resistance at the midline. The MACD fast and slow lines showed signs of a downward trend, the volume bars shrank, the KDJ bottomed out and then moved upward, showing signs of convergence and crossing. Overall, there are signs of a rebound in the short term. Attention should be paid to the 67500 level, and if it can be broken, the upward trend will continue to test the 68500 level. The short-term dividing line is at the daily low point below, which is also the defensive position for long positions. This is the short-term suggestion.

Short-term suggestion for Bitcoin: Aggressive long at the current price of 66280, conservative long at 65800 (activate the strategy for profit and manage it on your own)

Ethereum Technical Analysis————

Ethereum is still trading in a range at a high level and has not broken through the range. The support at the lower end of the range is around 3400-3380, and the resistance at the upper end is around 3530-3550. In the short term, it is still treated as a range, with the lower end of the range being the defensive position for long positions. This is the short-term suggestion.

Short-term suggestion for Ethereum: Aggressive long at the current price of 3450, conservative long at 3400 (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 Guru Zhou Yueying

The publication of the article is subject to review delays, and the market changes rapidly. The above suggestions are for reference only, and risks are self-assumed! 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. 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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