Morning Analysis by AICoin: BTC, ETH, TON Market Analysis Incoming

CN
1 year ago

Morning 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

BTC

BTC's 1-hour price trend: Sideways.

Little A Morning Analysis: BTC, ETH, TON Market Analysis Strikes_aicoin_Figure 1

This is a 1-hour Binance BTC/USDT K-line chart, with the latest price at: 63952.0 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy point one: 63500 USDT (Considering EMA(7) and EMA(30) are close, the price may find support in this area)

  • Buy point two: 63000 USDT (Close to the rebound starting point of the previous low of 60273.5, there may be strong support here)

  • Long stop loss point: 62500 USDT (Allowing enough space to avoid triggering stop loss due to small fluctuations, while being lower than buy point two)

  • Sell point one: 64500 USDT (Close to the previous high of 65000, may encounter selling pressure again)

  • Sell point two: 65500 USDT (Exceeding the highest price within the current period, expected to reach a higher price if there is a breakthrough)

  • Short stop loss point: 66000 USDT (Leaving a certain space to ensure that stop loss is not triggered by small upward movements, and higher than sell point two)

【Price Trend Analysis】

  1. K-line pattern:

    • Recent K-line shows significant price fluctuations, with a long upper shadow line reaching the highest price of 65000 on August 24 at 06:00, followed by a price decline. This may indicate selling pressure at high levels.
    • From the overall trend, the price has gradually risen from the low of 60273.5 on August 23 to the current level of 63952.0, showing an upward trend.
  2. Technical indicators:

    • In the MACD indicator, both DIF and DEA are in a downward trend, and the MACD value is negative, indicating potential downward risk in the short term.
    • In the KDJ indicator, the J value (35.48) is less than the K value (38.65) and the D value (40.23), with the three lines of KDJ approaching each other, implying a potential reversal or a period of oscillation.
    • In the EMA indicator, EMA(7) is slightly higher than EMA(30), but the difference is not significant, indicating a relatively balanced long and short forces, but still need to be cautious about short-term price changes.
  3. Volume:

    • The trading volume reached its peak at 05:00 on August 24, 26492.8290, and then began to decrease, forming a deviation from the price trend, suggesting a weakening of the upward momentum.
    • The latest period's trading volume of 1998.1710 is much lower than the previous few periods, which may indicate a decrease in market participation. It is necessary to pay attention to whether there will be an increase in trading volume accompanying price breakthroughs in the future.

ETH

ETH's 1-hour price trend: Sideways.

Little A Morning Analysis: BTC, ETH, TON Market Analysis Strikes_aicoin_Figure 2

This is a 1-hour Binance ETH/USDT K-line chart, with the latest price at: 2758.13 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy point one: 2725 USDT (Considering EMA(30) at 2749.47, the price may retrace to this long-term average and find support)

  • Buy point two: 2700 USDT (Near the recent low and psychological barrier, if it falls below EMA(30), it may touch this stronger support level)

  • Long stop loss point: 2680 USDT (Allowing enough space to avoid triggering stop loss due to small fluctuations, and also the lower limit of the previous trading range)

  • Sell point one: 2800 USDT (Close to the highest price of 2819.35, expected to encounter significant selling pressure, suitable as an initial profit-taking point)

  • Sell point two: 2850 USDT (Exceeding the recent high within the period, if there is a breakthrough, it may enter a new upward channel, but the corresponding risk also increases)

  • Short stop loss point: 2870 USDT (Leaving a certain buffer area to ensure that stop loss is not triggered by small fluctuations, and also higher than sell point two)

【Price Trend Analysis】

  1. K-line pattern:

    • Recent K-line shows significant price fluctuations, with several long upper shadow lines (such as 00:00 on August 24 and 00:00 on August 25), indicating selling pressure at high levels.
    • From 06:00 on August 23 to 07:00 on August 25, there are no typical reversals or sustained patterns, but there are several small real bodies combined with long lower shadow lines (such as 05:00 on August 24, 22:00 on August 24), which may imply buying interest near the support level.
  2. Technical indicators:

    • MACD indicator: The latest MACD value is negative (-11.58), and DIF is lower than DEA, which is usually considered a short-term bearish signal. However, the MACD histogram has risen from deeper negative values, indicating a weakening downward momentum.
    • KDJ indicator: The K value (33.40) is lower than the D value (39.72), and the J value (20.76) deviates from both, indicating that the current market may be oversold, with potential opportunities for a rebound.
    • EMA indicator: The latest price of 2758.13 is lower than EMA(7) at 2764.13, but higher than EMA(30) at 2749.47, indicating a short-term downward trend, but overall maintaining a certain degree of upward trend.
  3. Volume:

    • The trading volume peaked at 00:00 on August 24 and gradually decreased, indicating a decrease in market activity, which may lead to reduced price volatility.
    • The recent hours' trading volume is relatively stable, with no significant increase or decrease in volume, indicating that market participants may be in a wait-and-see mode.

TON

TON's 1-hour price trend: Downward.

Little A Morning Analysis: BTC, ETH, TON Market Analysis Strikes_aicoin_Figure 3

This is a 1-hour OKX TON/USDT K-line chart, with the latest price at: 5.852 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy point one: 5.85 USDT (Near the current price, considering the rebound that may be triggered by KDJ oversold conditions)

  • Buy point two: 5.45 USDT (Close to the lowest price, consider adding positions if it further tests this support level)

  • Long stop loss point: 5.40 USDT (Slightly below buy point two, allowing for market volatility to avoid triggering stop loss mistakenly)

  • Sell point one: 6.20 USDT (Between EMA(7) and EMA(30), a possible short-term resistance level)

  • Sell point two: 6.50 USDT (Near the recent high, likely to encounter selling pressure)

  • Short stop loss point: 6.90 USDT (Above the previous high, set conservatively at this level)

【Price Trend Analysis】

  1. K-line pattern:

    • Recent K-line shows significant price fluctuations, such as the long upper shadow line at 04:00 on August 25, indicating heavy selling pressure at high levels.
    • A long downward real body appeared from 06:00 to 07:00 on August 24, followed by a partial retracement of the decline in the next few hours, possibly a brief rebound.
  2. Technical indicators:

    • MACD indicator: The latest MACD value is negative and DIF is below DEA, indicating a bearish trend in the current market.
    • KDJ indicator: Both K and D values are below 20, with the J value even lower, indicating severe oversold conditions and potential rebound opportunities.
    • EMA indicator: EMA(7) continues to decline and has crossed EMA(30), further confirming the short-term downward trend.
  3. Volume:

    • The volume increases significantly during large price fluctuations, such as the surge in volume at 06:00 on August 25, accompanied by a price decline, indicating strengthened selling pressure.
    • The volume has decreased in the recent few periods, possibly indicating a balance of power between buyers and sellers within the current price range.

※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 AICoin's industry-leading intelligent analysis tool, 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 end.

PC & APP Download: https://www.aicoin.com/download

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