Morning Analysis by AICoin: Market Analysis of BTC, ETH, BNB is Coming.

CN
1 year ago

Morning market trends may go how? Xiao A analyzes for you!

Welcome to ask Xiao A in the group chat for more analysis: https://jv.mp/JaQ0CE

BTC

BTC's 1-hour price trend: Sideways.

Xiao A Morning Analysis: BTC, ETH, BNB Market Analysis Coming_aicoin_Figure 1

This is a 1-hour Binance BTC/USDT K-line chart, with the latest price at: 64478.1 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy point one: 64000 USDT (recent prices have rebounded at this level multiple times, can be considered as short-term support)
  • Buy point two: 63500 USDT (if it falls below 64000 USDT, the next strong support level is near the lowest price at 21:00 on April 25)
  • Long stop loss point: 63000 USDT (providing enough space to avoid triggering stop loss due to small fluctuations, while considering 62721.3 as a recent significant low point)
  • Sell point one: 65000 USDT (above the average of EMA(7) and EMA(30), and close to the recent high point, there may be resistance)
  • Sell point two: 65500 USDT (beyond the current position of EMA(7), a relatively high point in the near term, expected to encounter selling pressure)
  • Short stop loss point: 66000 USDT (higher than sell point two, leaving some room to reduce the risk of triggering stop loss due to small fluctuations)

【Price Trend Analysis】

  1. K-line pattern:
  • Recent K-lines show significant price fluctuations, with multiple long upper and lower shadows, indicating resistance at both highs and lows. In particular, the K-line at 12:00 on April 24 showed a long upper shadow, which may indicate that the buying pressure cannot sustain the price near the high point.
  • From the overall trend, there are no obvious continuous patterns such as head and shoulders or double bottoms.
  1. Technical indicators:
  • In the MACD indicator, both DIF and DEA are in negative territory, but the MACD histogram has turned from negative to positive, indicating some short-term upward momentum, but beware of potential reversal risks.
  • In the KDJ indicator, the J value is higher than the K value and D value for most time periods, and there are instances of overbought conditions (J value greater than 80), which may indicate pressure for future price corrections.
  • In the EMA indicator, EMA(7) has been running above EMA(30), indicating relatively strong short-term trend, but the gap between the two is gradually narrowing, so attention is needed to whether the long-term trend will change.
  1. Volume:
  • Volume increases during sharp price fluctuations, such as the increase in volume from 21:00 to 22:00 on April 25, accompanied by a price decline, which may indicate strong selling pressure.
  • Volume has decreased in the latest period. If the subsequent volume does not increase, the current price level may lack sufficient support.

ETH

ETH's 1-hour price trend: Sideways.

Xiao A Morning Analysis: BTC, ETH, BNB Market Analysis Coming_aicoin_Figure 2

This is a 1-hour Binance ETH/USDT K-line chart, with the latest price at: 3155.96 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy point one: 3130 USDT (considering EMA(7) and EMA(30) are close, if the price can stabilize above this level, it may be a short-term support level)
  • Buy point two: 3070 USDT (a long lower shadow appeared at 18:00 on April 25, indicating strong buying support at this price level, can be a more conservative buying point)
  • Long stop loss point: 3050 USDT (below buy point two, with enough space to avoid triggering stop loss due to small fluctuations)
  • Sell point one: 3170 USDT (tested multiple times in the past few hours without breakthrough, can be considered as short-term resistance)
  • Sell point two: 3200 USDT (recent high point, if the price can break through and stabilize, it may indicate further upward movement)
  • Short stop loss point: 3220 USDT (higher than sell point two, allowing for market fluctuations, and if the price exceeds this level, it may confirm an upward trend)

【Price Trend Analysis】

  1. K-line pattern:
  • Recent K-lines show significant price fluctuations, with multiple long lower shadows, such as the K-lines at 18:00 on April 25 and 22:00 on April 24, indicating buying support at the low levels.
  • The solid body of the K-line from 02:00 to 07:00 on April 26 gradually shrinks, accompanied by short upper shadows, suggesting that buying pressure and selling pressure are beginning to balance within the current price range.
  1. Technical indicators:
  • In the MACD indicator, both DIF and DEA are negative, but the MACD histogram has turned from negative to positive, indicating possible signs of a rebound in the near term.
  • In the KDJ indicator, the J value was at 58.65 at 07:00 on April 26, lower than the high point of the previous few hours, suggesting a relief in overbought conditions and a potential adjustment.
  • In the EMA indicator, EMA(7) is slightly higher than EMA(30) in the latest data, indicating a short-term upward trend, but the two are close, so attention is needed to whether there will be a crossover change.
  1. Volume:
  • Volume reached its peak between 20:00 and 21:00 on April 25, then gradually decreased, which may indicate a decrease in market activity or a quiet period before price stabilization.
  • Volume has been relatively stable in the past few hours, with no significant increase or decrease, indicating a strong wait-and-see sentiment among market participants.

BNB

BNB's 1-hour price trend: Sideways.

Xiao A Morning Analysis: BTC, ETH, BNB Market Analysis Coming_aicoin_Figure 3

This is a 1-hour Binance BNB/USDT K-line chart, with the latest price at: 613.69 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy point one: 610 USDT (near the EMA(7) and EMA(30) moving average support, may form short-term support)
  • Buy point two: 600 USDT (near the low point at 21:00 on April 25, if the price retraces to this level, there may be strong buying support)
  • Long stop loss point: 595 USDT (leave enough space to avoid triggering stop loss due to small fluctuations, while considering below 600 USDT as a psychological and technical support area)
  • Sell point one: 620 USDT (near the high price of 617.77 USDT, expected to encounter selling pressure)
  • Sell point two: 630 USDT (psychological barrier after breaking the previous high, can be considered as a higher profit target if there is further upward momentum)
  • Short stop loss point: 635 USDT (above sell point two, providing additional protection space to reduce losses due to unexpected sharp increases)

Price Trend Analysis

  1. K-line pattern:
  • Recent K-lines show significant price fluctuations, such as the long lower shadow at 03:00 on April 25 indicating buying support at the low levels. The long upper shadow at 19:00 on April 24 reflects selling pressure at the high levels.
  • No typical reversal or continuation patterns seen in specific time periods (such as hammer, shooting star, etc.), but attention is needed to the small real bodies and short shadows in the recent few hours, which may indicate some controversy in the market at the current levels.
  1. Technical indicators:
  • MACD indicator: The gap between the MACD line and the signal line is narrowing, and the MACD histogram shows signs of convergence, suggesting weakening momentum and potential trend change.
  • KDJ indicator: Both the K line and D line are in the overbought area above 80, with a tendency for a downward crossover, and the J line is also starting to fall, which may indicate short-term price correction risk.
  • EMA indicator: EMA(7) has been consistently above EMA(30), indicating a bullish bias in the medium-term, but the two are gradually approaching, which may indicate a potential trend change.
  1. Volume:
  • Volume increases during significant price fluctuations, such as the increase in volume from 02:00 to 05:00 on April 25 accompanied by a price decline, indicating strong selling pressure.
  • Volume has been relatively stable in the recent periods, with no significant increase or decrease, indicating that the activity of market participants has not undergone major changes.

※All content is provided by the intelligent analysis assistant Xiao A, and is for reference only, and does not constitute any investment advice!

Xiao A Intelligent Analysis is the industry's first intelligent analysis tool recommended by AICoin, which easily helps you interpret the trend of currencies, analyze indicator signals, and identify entry and exit points. Experience it on the APP or PC.

Download for PC: https://www.aicoin.com/en/download

Download the APP: https://aicoin.app/download

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink