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10.20 Bitcoin and Ethereum Market Trend Analysis and Trading Suggestions!

CN
允彦
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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 108,500, the Bollinger Bands are starting to open downwards, the MACD moving average continues to move downwards, bearish volume is beginning to decrease, and the KDJ is starting to move upwards. On the 4-hour chart, the Bollinger Bands continue to open upwards, the MACD moving average is starting to move upwards, bullish volume continues to increase, and the KDJ line is gradually flattening and moving upwards;

For Ethereum, the daily candlestick closed bullish around 3,980, the Bollinger Bands are slowly opening downwards, the MACD moving average continues to move downwards, bearish volume continues to decrease, and the KDJ line is starting to move upwards. On the 4-hour chart, the Bollinger Bands continue to open upwards, the MACD moving average continues to move upwards, bullish volume continues to increase, and the KDJ line is starting to flatten and move upwards;

Currently, after testing the bottom, the market is starting to rise steadily. The subsequent operation suggests focusing on buying on dips!

Operation Suggestion: Buy on dips!

Buy Bitcoin at 110,000-110,500, target 112,000-113,000, stop loss at 109,000;

Buy Ethereum at 3,980-4,010, target 4,100-4,200, stop loss at 3,920;

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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