Technology is getting simpler, and the mindset is gradually becoming simpler too. Now is the time to wait, to dare to pursue, to dare to stop loss, and to make a profit. The process of implementing the rules of the currency market is also a process of convincing oneself, constantly persuading oneself to become better. The cultivation of human nature begins with stop-loss and take-profit. Willing to accept losses and confidently win. Making trades is a process of solving various psychological barriers brought by investment and reshaping one's behavior.
Market Review:
Yesterday, the morning opening of the big cake started with a continuous oscillating upward trend, until the evening when the Cpi data was released, the big cake reached above 26500, but did not continue, instead quickly fell under pressure. After the night's oscillating repair, the current price is stable around 26200. Overall, the bulls seem strong, with the peak reaching around 26530, but failed to break through the first resistance level. The long positions established yesterday also gained around 600 points for the big cake and about 50 points for Ethereum. For those who are unsure about the entry points, they can pay attention to Jiuge. Next, let's take a look at the market situation.
Market Analysis:
From a technical perspective, the four-hour chart shows that the Bollinger Bands are running upwards with the three lines opening up. After the coin price was supported by the middle line, it began to oscillate upwards. There were multiple effective breakthroughs with upward spikes along the way, but they all ended with long upper shadows. However, this did not have much impact on the rhythm. Instead, after the closing, there were continuous small positive candles probing upwards. The upper running channel is gradually being opened, and the volume is being replaced by the bulls and bears, with the moving average also maintaining an upward trend. Looking at the overall rhythm of the shorter period, although the bulls are dominant, there have been effective continuations and new breakthroughs. The overall trend structure is also showing a weak pattern. Therefore, in terms of operation, we can first focus on whether the first resistance level of 26500 can be broken through. If not, consider a small short position with a stop loss at the 26500 level. If the market continues to pull back, consider a small stop loss at the 25800 level to enter long positions. (Published on: 2023.9.14 10:40)
Disclaimer:
The market changes rapidly, and the market fluctuates quickly. Personal opinions and suggestions are not real-time and are for reference only. If there are no entry points, stay out of the market and wait. For those who are unsure about the entry points, they can pay attention to the public account below to get real-time entry points combined with the market situation.
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。