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Analysis of Bitcoin and Ethereum market trends and operational suggestions for October 9!

CN
允彦
Follow
7 months ago
AI summarizes in 5 seconds.

Trading Philosophy: Look for trends in the long term, find entry points in the short term;

Technical Analysis: For Bitcoin, the daily candlestick closed bullish around 122300, the Bollinger Bands continue to open, the MACD moving average continues to trend downward, bullish volume continues to decrease, and the KDJ continues to trend downward. On the 4-hour chart, the Bollinger Bands have started to slowly open downward, the MACD moving average continues to trend downward, bearish volume continues to increase, and the KDJ line continues to trend downward;

For Ethereum, the daily candlestick closed bullish around 4520, the Bollinger Bands have started to flatten, the MACD moving average has begun to run parallel, bullish volume has started to decrease, and the KDJ line has started to trend downward. On the 4-hour chart, the Bollinger Bands have dropped to the lower band and have started to slowly open downward, the MACD moving average continues to trend downward, bearish volume continues to increase, and the KDJ line continues to trend downward;

Yesterday's high-position short positions successfully took profit. Although the current market is showing a weak rebound and the trend is bearish, the support below is strong, so it may be worth trying to set up long positions near the support level!

Operation Suggestion: Set up long positions near the support level!

For Bitcoin, go long at 120000-120500, target 121500-123000, with a stop loss at 119000;

For Ethereum, go long at 4290-4320, target 4400-4480, with a stop loss at 4220;

The strategy is time-sensitive, please refer to private real-time guidance for specifics!

Scan the QR code below to follow our WeChat public account for more real-time market updates!

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Selected Articles by 允彦

7 months ago
10.27 Bitcoin and Ethereum market trend analysis and trading suggestions!
7 months ago
10.27 Bitcoin and Ethereum Trend Analysis and Trading Suggestions!
7 months ago
10.24 Bitcoin and Ethereum market trend analysis and trading suggestions!
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