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10.27 Bitcoin and Ethereum market trend analysis and trading suggestions!

CN
允彦
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6 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 114500, the Bollinger Bands continue to contract upwards, the MACD moving averages continue to rise, bullish volume continues to increase, and the KDJ is starting to move upwards. On the 4-hour chart, the Bollinger Bands continue to expand upwards, the MACD moving averages continue to rise, bullish volume continues to increase, and the KDJ lines are starting to run parallel;

For Ethereum, the daily candlestick closed bullish around 4150, the Bollinger Bands continue to contract upwards, the MACD moving averages continue to rise, bullish volume continues to increase, and the KDJ lines continue to move upwards. On the 4-hour chart, the Bollinger Bands continue to expand upwards, the MACD moving averages continue to rise, bullish volume continues to increase, and the KDJ lines are starting to run parallel;

Currently, although the market shows a strong bullish trend, it is approaching previous resistance levels, so subsequent operations are recommended to short at high levels!

Operation Suggestion: Short at high levels!

Current price for Bitcoin 115500-116000 to short, target 114500-113500, stop loss at 117000;

Current price for Ethereum 4200-4230 to short, target 4140-4050, stop loss at 4280;

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

6 months ago
10.27 Bitcoin and Ethereum Trend Analysis and Trading Suggestions!
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