Yueying: Will BCH's strong support from the prince lead to a strong comeback? Will ORDI Audi see a reversal this week?

CN
1 year ago

In a person's self-discipline, there is infinite potential. 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 and hardworking you are, the more disciplined and outstanding you become. I am Zhou Yueying, focusing on the trend analysis of mainstream coins, and providing insights into the market based on my own technical expertise.

First release on the official account. For friends who want to verify my strength, follow the official account at the end of the article to find Yueying. There are daily real-time price strategy suggestions in the Moments. Let's take a look at today's sharing!!

BCH On the daily chart, the K-line touched the 60-day moving average for support, the previous K-line closed with a bullish rebound, and the Bollinger Bands remained flat. The short-term moving average formed resistance, the MACD fast and slow lines crossed at a high level and continued to decline, the KDJ started to turn upwards, and the VR index consolidated near the 100 value. On the four-hour chart, the market touched 42 and then rebounded, the Bollinger Bands started to contract after moving downwards, the K-line broke through the short-term moving average and is currently being resisted around the middle rail, the MACD fast and slow lines crossed upwards at a low level with a volume of red bars, the KDJ extended upwards, paying attention to the resistance near the 100 value, and the VR index consolidated near the 50 value. Overall, after a significant retracement, there are signs of a bottom being formed in the market, but the resistance above still exists. In the short term, pay attention to the first resistance at 533, the second resistance at 577, the first support at 489, and the second support at 450. Short-term intervention can be considered within this range.

ORDI On the daily chart, the price fell below the previous large box, touched 37.7 and then rebounded, the Bollinger Bands opened up, the moving average turned downwards, the MACD fast and slow lines were resisted below the 0 axis and continued to decline, the volume bars continued to increase, the KDJ crossed downwards and extended, and the VR index consolidated near the 100 value. On the four-hour chart, the market did not stabilize above the short-term moving average, the Bollinger Bands opened downwards, the MACD fast and slow lines showed signs of turning, the volume bars continued to shrink, the KDJ was supported and extended upwards, and the VR index consolidated near the 30 value. Overall, the market tends to be weak, and the focus above is on the previous bottom support of the box, which has now turned into resistance. Therefore, the first resistance is focused on 53-55. If this position can be broken and stabilized, then the second resistance is at 63. The first support below is referenced to the previous low point of 40-42. If it falls below the previous low, the price will continue to fill the gap from December 3rd, so the second support needs to be focused on 33-30. Short-term intervention can be considered within this range.

—I am Zhou Yueying, a teacher dedicated to technical analysis. If you have any questions or issues with trends, you can communicate and learn with me! Let's exchange ideas and profit together! Official account: I am Zhou Yueying V Blog: Financial Expert Zhou Yueying

Article publication is subject to delays in review, and market conditions change rapidly. The above suggestions are for reference only, and risks are self-assumed! The market changes constantly every day, and all I can do is to provide some weak assistance based on my years of practical experience, guiding everyone's investment decisions and management in the right direction. Meeting is fate, and I am a person who believes in fate. If you have any doubts or questions in the coin circle, you can pay more attention to Zhou Yueying, and I believe it will be helpful to you.

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