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Yueying: BCH halving benefits realized, beware of major waterfall. SOL critical support at 170.

CN
财经达人周悦盈
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1 year ago
AI summarizes in 5 seconds.

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, 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 irregular real-time price strategy suggestions in the Moments every day. Let's see today's sharing!!

BCH On the daily chart, yesterday's market was resisted at 703 and retraced. After the previous candlestick closed bearish, the intraday continued to show weakness. There are signs of the Bollinger Bands contracting, and the current market is supported by short-term moving averages. The MACD fast and slow lines show signs of a turnaround, the volume bars are decreasing, the KDJ three lines are crossing downwards, and the VR index is consolidating around 170. On the 4-hour chart, the market broke below the middle band and short-term moving averages, and the Bollinger Bands are in a flat state. The MACD fast and slow lines crossed downwards at a high level, with volume bars running at a high volume, the KDJ three lines extending downwards, and the VR index consolidating around 150. With the halving about to begin, pay attention to significant market fluctuations. The short-term resistance above is at 657, the first support is at 570, and the second support is at 535. Short-term traders can refer to this range for risk management.

SOL On the daily chart, the market broke below the middle band of the Bollinger Bands, which began to contract. The MACD crossed downwards, and the green volume bars increased again. The KDJ was resisted near the 100 value and formed a downward cross, and the VR index consolidated around 170. On the 4-hour chart, the market broke below the uptrend line and is currently running below the lower band. The Bollinger Bands are in an open state, and the moving averages are turning downwards. The MACD fast and slow lines crossed downwards with continuous high volume bars. The market is currently testing support around 180. If it stabilizes successfully, then a rebound can be expected. The first resistance above is at 191, the second resistance is at 201, and the second support is at 173.

—I am Zhou Yueying, a teacher dedicated to technical analysis. If you have any questions about operations or trends, feel free to 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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