The cryptocurrency trading is a long-term plan, not a matter of overnight success, so there is no need to be too hasty. Even if there is a short-term loss, there is nothing to fear as long as the subsequent direction is chosen correctly. The lost will eventually return. However, it is important to pay attention to the timing of trading and the current market trends in order to increase the winning rate. At the same time, investment is a process of growth. Mr. Coin suggests that all coin friends should learn and operate at the same time, and timely summarize the gains and losses, deepen the understanding of risks, and plan the correct mindset, so as to reasonably avoid risks and become a qualified investor.
Mr. Coin's BTC Market Analysis Reference on September 13th
In recent days, the long and short sides of Bitcoin have been relatively deadlocked within a range, but several retracements have failed to break through the support line at 57000, and the subsequent rebound has also tested the resistance at 58500. The trend continued to rebound in the early morning, and the market showed high-level oscillations. Currently, the price is once again approaching the 57800 level, and the high level has been under pressure near 58500 several times. The price fluctuations have gradually slowed down, but the recent trend has shown a large range of fluctuations within the range.
On the short-term hourly chart, the Bollinger Bands are in a tightening posture, and the trend is running in the middle to upper band area. The short-term rebound momentum is weakening, and the price has fluctuated within the range of 57000-58500 recently, indicating obvious range repair and consolidation. In addition, the recent appearance of long upper shadow lines indicates significant upward pressure. The MACD fast and slow lines in the 4-hour period are above the zero axis, but the fast 30 and EMA lines are gradually approaching the slow line, showing a death cross signal. The EMA7 in the 4-hour period is close to the current price, and the EMA30 and EMA120 are both below the price. The short-term trend tends to be bullish, but there are signs of a pullback. If the price cannot refresh the previous high, there is still a possibility of a retracement to test the support below. It is recommended that everyone be prepared in advance. Although the price has shown a rebound trend during the day, the overall trend is still within the range, so it is not advisable for coin friends to blindly chase the rise and fall.
Short-term BTC Reference on September 13th: More real-time single strategies, online technical learning, and unwinding can be obtained by following the public account of the mentor (Mr. Coin) to obtain the method: the first ten people every day can obtain free unwinding strategies.
Long position: Long in the 56500-56000 range, defend at 55000, stop loss at 300 points, target above 57000.
Long position: Long in the 57000-57300 range, target above 58100.
Short position 2: Short in the 58400-58900 range, target below 57500, defend at 59900, stop loss at 60300.
Short-term Ethereum Reference on September 13th:
Short position: Short at 2400-2381, defend at 2480, stop loss at 2400, target below 2320.
Long position: Focus on the 2300-2330 range, stop loss at 50 points, target above 2370.
There is a delay in the article delivery, and the strategy suggestions are for reference only. The market changes rapidly. No matter how high the judgment of the market is, it is important to set stop-loss and take-profit levels. More real-time singles can be obtained by following the public account of the author to learn about online market technicals and unwinding. The author has studied the market for many years, analyzed the major trends in the coin circle, and guided the analysis of BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other coins. For those who do not know how to operate, you are welcome to study and learn together.
This article is exclusively written and shared by Mr. Coin, representing Mr. Coin's exclusive viewpoint. There is a delay in the article delivery, and the risk is at your own risk. It is important to control the position reasonably and not to be heavily or fully invested. Mr. Coin hopes that all fans and friends can achieve financial freedom and move forward together. In the depths of time, hold a sense of understanding. In investment, one must learn to be optimistic. Do not let the future you dislike the present self. We live in reality, but not every piece of data needs to be taken seriously. Let the past go, and let the future come faster! Rest well, prepare yourself, and be ready to go at any time. Let's go!
- This article is written by Mr. Coin, and plagiarism is rejected. Respect the original!
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