After the expected decline on September 18th, can the trend continue to rise this week?

CN
1 year ago

As scheduled, can the trend continue to rise this week?

① 22:00 US September NAHB Housing Market Index

I. Bitcoin

  1. Daily chart: The price has broken below the trend line and is testing the support at 25000. Pay attention to the test results in the future.

  1. 1-hour chart: After breaking above the 26200 level in the short term, there has been some retracement. If this support is not broken in the future, there is still a chance for an upward trend.

II. Ethereum

  1. Daily chart: The price has already broken below the trend line and the 1630 level. Pay attention to the results of the rebound test in the future.

  1. 1-hour chart: After breaking above the 1610 level in the short term, there has been some retracement. If this support is not broken in the future, there is still a chance for an upward trend.

I. Bitcoin

  1. Yesterday's view:

Summary: After the price broke above the 26200 level in the short term, there was some retracement. If this support is not broken in the future, there is still a chance for an upward trend. Pay attention to the resistance at 27500 and 28400 levels; if broken below, it will return to a downtrend, with support at 25800 and 25000 levels.

  1. Future trend:

The future trend retraced without breaking below the 26200 level and maintained a high-level oscillation, reaching as high as the 26614 level.

II. Ethereum

  1. Yesterday's view:

Summary: After the price broke above the 1610 level in the short term, there was some retracement. If this support is not broken in the future, there is still a chance for an upward trend. Pay attention to the resistance at 1660 and 1695 levels; if broken below, it will return to a downtrend, with support at 1550 and 1500 levels.

  1. Future trend:

The future trend falsely broke below the 1610 level and then returned above it, reaching as low as the 1598 level.

I. Bitcoin

Summary: After the price broke above the 26200 level in the short term, there was some retracement. If this support is not broken in the future, there is still a chance for an upward trend. Pay attention to the resistance at 27500 and 28400 levels; if broken below, it will return to a downtrend, with support at 25800 and 25000 levels.

II. Ethereum

Summary: After the price broke above the 1610 level in the short term, there was some retracement. If this support is not broken in the future, there is still a chance for an upward trend. Pay attention to the resistance at 1660 and 1695 levels; if broken below, it will return to a downtrend, with support at 1550 and 1500 levels.

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