In a person's self-discipline lies unlimited possibilities; the level 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, the more effort; the more self-disciplined, the more excellent. I am Zhou Yueying, focused on the analysis of mainstream currency trends, providing insights based on my technical understanding of the market.
Here at Yueying, the strategy consists only of precise price points, with no ambiguous ranges or nearby levels; friends who like Yueying can follow me. Now, let’s see today’s share!
Bitcoin Technical Analysis ————
The daily chart of Bitcoin shows that after the previous candle received support above 70,000, a strong bullish stretch occurred, and the market continued to rise at the opening. The Bollinger Bands are opening up, with short-term moving averages trending upwards; the MACD fast and slow lines are extending upwards with increasing volume, and the KDJ is running upwards, paying attention to resistance near the 100 value, while the VR indicator is consolidating around the 110 value. On the four-hour chart, after a V-recovery, we’ve seen seven consecutive bullish candles, currently oscillating near the upper limit. The Bollinger Bands are opening upwards with short-term moving averages running upwards; the MACD fast and slow lines are extending upwards with sustained volume increase, and the KDJ is running upwards with signs of a turning point, noting resistance near the 110 value, while the VR indicator is consolidating around the 180 value. Overall, the market trend aligns with expectations, currently testing the high resistance below 76,000; if it can break through, it will continue to test the previously mentioned resistance around 78,000. For the short term, we will focus on high resistance for entry to monitor any pullback. The bullish outlook has been maintained since the article on April 9, now we look at short-term resistance to see if a decline occurs as we are at a critical boundary. Short-term suggestions are given.
Bitcoin Short-term Suggestion: Sell at 75,600 (Sell at 77,800) (Activate strategy and profit at your own discretion)
YTA Technical Analysis —
In the previous article, the buy at 2,168 led to a bounce at 2,170; the strategy was slightly off, but the direction was accurate. The overall technical aspect is linked to Bitcoin, with attention on resistance below 2,500, and next, around 2,600. Short-term suggestions are provided.
YTA Short-term Suggestion: Sell at 2,450 (Sell at 2,560) (Activate strategy and profit at your own discretion)
—— I am Zhou Yueying, a teacher focused on technical analysis. Anyone with questions on operations or trends can discuss and learn from me! Let's exchange ideas and profit together!
The publication review of articles has delays, and the market changes rapidly; the above suggestions are for reference only, and risk is borne by yourself! Daily market fluctuations can be numerous; what I can do is use my years of practical experience to provide slight help, ensuring your investment decisions and management are on the right course. Meeting is a matter of fate; I am someone who believes in fate. If you have any uncertainties in the cryptocurrency space, you can follow Zhou Yueying more closely; I believe it will be helpful to you.
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