Xiao A's evening analysis: rare, SOL, and ETH market analysis is coming.

CN
1 year ago

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

Welcome to ask Little A in the group chat for more analysis: jv.mp/JaQ0CE

rare

1-hour price trend of rare: Sideways.

Little A Evening Analysis: rare, SOL, ETH Market Analysis Coming_aicoin_Figure 1

This is a 1-hour OKX Ordinals rare/BTC K-line chart, with the latest price at: 0.000000240000 BTC, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy Point 1: 0.00000023 BTC (After price consolidation, if there are signs of upward breakthrough, consider entering with a small position)

  • Buy Point 2: 0.00000020 BTC (If the price retraces to near the previous stable support level and shows no further signs of decline, consider increasing position)

  • Long Stop Loss: 0.00000019 BTC (Below Buy Point 2, with enough room to avoid triggering stop loss due to small fluctuations)

  • Sell Point 1: 0.00000025 BTC (If the price continues to rise and breaks through the recent high, it can be considered as an initial profit-taking point)

  • Sell Point 2: 0.00000027 BTC (If market sentiment improves, both trading volume and price show significant increases, set a higher target price)

  • Short Stop Loss: 0.00000028 BTC (Above Sell Point 2, to prevent losses from expanding due to a strong upward trend)

【Price Trend Analysis】

  1. K-line pattern:

    • Over the past several dozen periods, the price has remained at the level of 0.00000021, with no significant fluctuations, showing a series of sideways K-line consolidations. As the opening price, highest price, lowest price, and closing price are all the same, no specific K-line combination has formed.
  2. Technical indicators:

    • The MACD indicator shows that the DIF and DEA values are close to zero, and the MACD histogram is also close to the zero line, indicating no clear market trend.
    • In the KDJ indicator, the K value, D value, and J value appear to have abnormal values (33.33, 11.11, 77.78) at the latest data point, possibly due to insufficient sample size or data errors caused by using a fixed period in the calculation. However, based on the previous stable values, the market is in a very slow oscillation state.
    • The EMA indicator EMA(7) is slightly higher than EMA(30), but the difference is very small, reflecting a weak bullish signal. However, considering the long period of sideways movement, this signal is not significant.
  3. Volume:

    • There was a sudden increase in volume to 10,000 in the latest period, while it was almost zero in the previous periods, which may indicate increased market attention or an upcoming price change.
    • Long-term low volume indicates low market activity and fewer participants, and any large transactions could cause price fluctuations.

SOL

1-hour price trend of SOL: Sideways.

Little A Evening Analysis: rare, SOL, ETH Market Analysis Coming_aicoin_Figure 2

This is a 1-hour Binance SOL/USDT K-line chart, with the latest price at: 139.261 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy Point 1: 139.00 USDT (Recent support is in this area, EMA(7) is starting to rise, and if the price retraces to this level, it may be a short-term buying opportunity)

  • Buy Point 2: 137.50 USDT (A low of 136.05 appeared at 01:00 on August 17, but was not fully tested, setting a position above this level as a deeper buying point with buffer space)

  • Long Stop Loss: 135.80 USDT (Provide enough space to avoid stop loss triggered by small fluctuations, and considering 136.05 as the previous low, set the stop loss below it)

  • Sell Point 1: 141.00 USDT (The area of recent rebound highs, can be seen as an initial resistance level)

  • Sell Point 2: 143.00 USDT (A high point near 18:00 on August 16, can be considered as a further selling target)

  • Short Stop Loss: 144.50 USDT (Above the recent local high, providing space to avoid stop loss due to sudden market reversal)

【Price Trend Analysis】

  1. K-line pattern:

    • Recent K-lines show significant price fluctuations, with multiple long upper and lower shadows, indicating intense competition between buyers and sellers in these price ranges.
    • A long solid bullish candle appeared from 00:00 to 01:00 on August 16, followed by a price decline, possibly a false breakout.
  2. Technical indicators:

    • In the MACD indicator, both DIF and DEA are in negative territory, but the MACD histogram has turned from negative to positive, suggesting a possible short-term rebound trend.
    • In the KDJ indicator, the J value is higher than the K value and D value in the latest data, and all three are above 50, indicating potential upward momentum in the short term.
    • The 7-period EMA is lower than the 30-period EMA, indicating a downward medium-term trend, but the short-term EMA(7) has started to rise, possibly indicating a short-term rebound.
  3. Volume:

    • Volume increases significantly during large price fluctuations, such as reaching a peak at 02:00 on August 16, followed by a price decline, indicating selling pressure at the high level.
    • The volume has been relatively stable in the past few hours, with no significant increase or decrease, maintaining consistent market participation.

ETH

1-hour price trend of ETH: Sideways.

Little A Evening Analysis: rare, SOL, ETH Market Analysis Coming_aicoin_Figure 3

This is a 1-hour Binance ETH/USDT K-line chart, with the latest price at: 2599.12 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy Point 1: 2600 USDT (The recent EMA(7) is not much different from EMA(30), and there is support in this area)

  • Buy Point 2: 2575 USDT (Near the low point from 05:00 to 06:00 on August 16, a strong support level)

  • Long Stop Loss: 2550 USDT (Provide enough space to avoid stop loss triggered by small fluctuations, and below the recent important support levels in the past few days)

  • Sell Point 1: 2625 USDT (The price has been tested multiple times recently and failed to break through, can be seen as an initial resistance level)

  • Sell Point 2: 2650 USDT (Near the high point at 23:00 on August 15, a stronger psychological and technical resistance level)

  • Short Stop Loss: 2675 USDT (Slightly above the recent high within the period, providing a safety cushion for short operations)

【Price Trend Analysis】

  1. K-line pattern:

    • Recent K-lines show significant price fluctuations, with multiple long upper and lower shadows, indicating intense competition between buyers and sellers at certain price levels.
    • A large bullish candle appeared from 00:00 to 01:00 on August 16, followed by a price decline, possibly due to the release of accumulated buying pressure during that period.
  2. Technical indicators:

    • In the MACD indicator, both the DIF and DEA are negative and the DIF crosses above the DEA (MACD positive), suggesting a possible short-term rebound trend.
    • In the KDJ indicator, the J value is higher than the K and D values in the latest data, at 69.31, close to the overbought zone, indicating the need to be cautious of the risk of a pullback.
    • The 7-period EMA (2598.78) is slightly lower than the 30-period EMA (2601.39), indicating pressure on the price in the short term, but the difference is not significant, and no clear trend has formed.
  3. Volume:

    • The volume gradually decreased after reaching a peak at 02:00 on August 16, indicating a possible important price reversal at that time.
    • The volume has been relatively stable in the past few hours, with no abnormal fluctuations, maintaining consistent market participation.

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

Little A's intelligent analysis is the industry's first intelligent analysis tool recommended 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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