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Yueying: 2.27 Bitcoin Ethereum Today's Market Analysis Will Test the Upper Edge of the Range Again and Break Through? Attached Short-term Recommendations

CN
财经达人周悦盈
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1 month ago
AI summarizes in 5 seconds.

A person's self-discipline contains 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 and hardworking you are; the more self-disciplined you are, the more excellent you become. I am Zhou Yueying, focusing on the analysis of mainstream cryptocurrency trends, providing insights based on my technical analysis.

In my strategies, there are only precise points, with no ambiguous ranges or nearby levels. Friends who like me can click to follow. Let's see today's sharing!

Technical analysis of Bitcoin————

The daily chart of Bitcoin shows the previous candlestick closed as a bullish line breaking through the middle line. The opening today is fluctuating above the middle line. The Bollinger Bands are narrowing with signs that the short-term moving averages are operating around the middle line with a turning point. The MACD fast and slow lines are crossing upwards with an increasing volume column, the KDJ is crossing upwards, and the VR index is stabilizing around the value of 55. On the 4-hour chart, the market broke through the middle line and is now testing the upper band. The Bollinger Bands are slightly opening, and the short-term moving averages are turning upwards. The MACD fast and slow lines are crossing upwards and breaking through the 0 axis with a decreasing volume, while the KDJ is encountering resistance near 100 and is currently flat. The overall market continues to maintain a low-level oscillation, with short-term focus on the resistance near the upper edge, which is also the suppression at the daily upper band. If a continuous breakthrough cannot be achieved, it will still follow a box oscillation pattern, with short-term support focusing on the box center around 65000. Here are the short-term recommendations.

Short-term recommendation for Bitcoin: short at 71000, long at 66000 (activate strategy with profit at your discretion)

Technical analysis of Ethereum————

Ethereum has broken through the first resistance mentioned above and encountered resistance at the upper band around 2130, in line with previous expectations. Overall, the daily and 4-hour technical analysis relates to Bitcoin, focusing on the resistance near the upper band in the short term. If it breaks through, then focus on the lower band around 2250, with short-term support at the box center around 1930. This is the reference for the short-term strategy; see the short-term recommendations.

Short-term recommendation for Ethereum: short at 2120 (short at 2215), long at 1980 (activate strategy with profit at your discretion)

—— I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn together with me! Exchange and profit together!

There are delays in the review of article publication, and market conditions are constantly changing. The above suggestions are for reference only, and risks are borne by individuals! The market changes immensely every day, and what I can do is use my years of practical experience to provide some minor help, guiding everyone's investment decisions and business management in the right direction. Meeting is fate; I am a person who believes in fate. If you have any confusion in the cryptocurrency circle, you can follow Zhou Yueying more closely, and I believe it will be helpful to you.


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Selected Articles by 财经达人周悦盈

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