Maple is watching the trend: Market analysis and operational suggestions for the early morning of 4/12

CN
1 year ago

From a technical perspective, the current daily KDJ and MACD of the market are still in a high-level technical adjustment. The price has returned to the previous consolidation area, and both KDJ and MACD have shown a decrease in the bullish momentum. The short-term market on the four-hour chart is currently in a corrective phase, with the Bollinger Bands in a parallel state. The coin price is currently running below the midline of the Bollinger Bands. Although the bullish momentum is strong, the short-term strength has weakened, and the trend is slow with limited space. If a bearish candlestick pattern forms, there is a chance of a top formation and subsequent decline. In terms of future operations, it is recommended to continue to focus on shorting at high levels. Specific reference points can be found below:

BTC: Short at 70500-70800, target 69000

ETH: Short near 3530-3550, target 3450

The above suggestions are for reference only. For specific operations, please follow real-time guidance based on actual trading. "Public Number: Mu Feng Looks at Trends" welcomes everyone to exchange and learn together!

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