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Yueying: March 20 Bitcoin Ethereum Today's Market Analysis Reverting to Boxed Fluctuation Pattern Hard to Break Attached Short-term Advice

CN
财经达人周悦盈
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3 hours ago
AI summarizes in 5 seconds.

In a person's self-discipline lies infinite possibilities; the degree of your self-discipline determines the height of your life.

There is no shortcut in life, but every step you take counts.

The more diligent and hardworking you are; the more disciplined you are, the more excellent you become. I am Zhou Yueying, focusing on the trend analysis of mainstream coins and providing insights based on my own technical analysis.

Yueying's strategy here is precise points only, without ambiguous ranges or nearby levels. Friends who like Yueying can click to follow. Let's see today's share!

Technical Analysis of Bitcoin————

On the daily chart, Bitcoin has once again closed with a red candle, briefly breaking below the middle track and recovering; it opened today with support at the middle track. The Bollinger Bands show an upward movement with signs of reducing volume, the short-term moving average is at a turning point, the MACD fast and slow lines have crossed above the zero axis and are flattening with reduced volume bars, the KDJ is crossing upwards, paying attention to support near the zero value, and the VR indicator is consolidating around the 120 value. On the 4-hour chart, the market is getting support near the lower track and rebounding to break through the 7 moving average before facing resistance and retreating, currently testing the support of the 7 moving average. The Bollinger Bands are operating in a downward opening state, with the short-term moving average turning downward, the MACD fast and slow lines are moving downward and flattening with reduced volume bars, the KDJ is extending upwards paying attention to resistance near the 100 value, and the VR indicator is consolidating around the 50 value. Overall, although this week's market has encountered a breakthrough, it has not continued and has returned to the previous range; currently facing resistance at the upper line, Yueying believes that if the 72000 level cannot break through and stabilize, it will still oscillate downwards. Even if it can break through, bullish sentiment should not be too optimistic, with key resistance at the critical 73000 level. The situation here regarding the breakout will affect how far the subsequent rebound can go. In the short term, pay attention to the resistance at 72000 and 73000, with short-term support below at 69000, and the central range of 66000. Today is Friday, and there will be no updates over the weekend, so in the short term, refer to the resistance and support levels mentioned above. See short-term suggestions.

Bitcoin Short-term Suggestions: Sell at 71300 (Sell at 72800), Buy at 69300 (Buy at 66800)(Profit from activated strategies should be managed independently)

Technical Analysis of Ethereum——

The daily and 4-hour technical trends of Ethereum are linked to Bitcoin; pay attention to the resistance around 2200, followed by 2300, and support around 2050, then around 1930 above, see short-term suggestions.

Ethereum Short-term Suggestions: Sell at 2188 (Sell at 2275), Buy at 2090 (Buy at 1980)(Profit from activated strategies should be managed independently)

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

The publication of articles is subject to delays in review; the market changes rapidly, and the above suggestions are for reference only; assume your own risks! The market changes daily, and what I can do is use my years of practical experience to give everyone some slight help, guiding your investment decisions and management onto the right track. Meeting is fate; I am someone who believes in fate. If you have any doubts in the crypto circle, you can pay more attention to Zhou Yueying, and I believe it will help you.


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Selected Articles by 财经达人周悦盈

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