In a person's self-discipline lies infinite possibilities; 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, the more effort; the more self-disciplined, the more excellent. I am Zhou Yueying, focusing on the trend analysis of mainstream coins, providing insights based on my own technical analysis of the market.
Here at Yueying, the strategy only includes precise points, with no ambiguous ranges or nearby levels. Friends who like Yueying can click to follow. Let's see today's share!
Bitcoin Technical Analysis ————
Looking at the daily chart of Bitcoin, the previous candle closed with an upper shadow, and there was a pullback at the opening today. This wave of upward movement has temporarily entered a retracement adjustment. The Bollinger Bands are in an opening state, and the short-term moving averages are running upwards. Currently, the market is testing the 7-day moving average, with the MACD fast and slow lines extending upwards showing signs of a turn. The volume bars are decreasing, and the KDJ is crossing downwards, while the VR indicator is consolidating around the 160 value. On the 4-hour chart, the market is experiencing consecutive bearish candles testing the lower band, with the Bollinger Bands slightly opening and the short-term moving averages turning downwards. The MACD fast and slow lines are crossing downwards, with increasing volume bars, and the KDJ extending downwards. Pay attention to the support near the 0 value, while the VR indicator is consolidating around the 200 value. Overall, this wave of retracement is expected, as indicators need to be repaired after a rise. Therefore, in the short term, it is important to pay attention to the support test. If the support test is effective after the indicators are repaired, a rebound can be expected, but also be cautious of violent washout trends. It is advisable to observe before entering the market. Here are the short-term suggestions.
Bitcoin Short-term Suggestions: Short at 119500, Long at 115800 (Long at 113500) (Activate strategy and manage profits on your own)
Ethereum Technical Analysis ————
For Ethereum, the previous short-term suggestions of short at 3058 and long at 2958 have both yielded some space, especially the short position, which has more room. Internally, it was also suggested to enter short positions at high levels. The technical linkage with Bitcoin is referenced. Currently, the market is testing the support around 2900 without breaking it. In the short term, continue to pay attention to this level, and the next level is around 2800. The upper resistance for today should first focus on around 3050. Here are the short-term suggestions.
Ethereum Short-term Suggestions: Short at 3035, Long at 2918 (Long at 2848) (Activate strategy and manage profits on your own)
—— I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn with me! Let's exchange ideas and profit together!
The publication of articles has a delay in review, and the market changes rapidly. The above suggestions are for reference only, and risks are borne by the individual! The market changes every day, and what I can do is use my years of practical experience to provide some slight assistance, guiding your investment decisions and management on the right path. Meeting is fate; I am a person who believes in fate. If you have any doubts in the cryptocurrency circle, you can follow Zhou Yueying more closely, and I believe it will be helpful to you.
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