Yueying: Auntie Dabing lures in more people and then retraces to a key level. Let's see how to deal with it in the short term.

CN
3 months 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. Yueying's strategies are precise, without ambiguous ranges or nearby areas. Friends who like Yueying can follow. Let's see today's sharing!

Bitcoin Technical Analysis————

Looking at the daily chart of Bitcoin, it was originally estimated to go up and then start to fall after luring in more buyers yesterday. However, it did not break the high point. After the candlestick closed bearish, the market continued to drop at the opening today. The Bollinger Bands are narrowing and starting to move parallel, indicating a break below the short-term moving average. The MACD fast and slow lines have turned again, and the volume bars have turned green with a slight increase in volume. The KDJ has turned downwards to form a crossover, and the VR index is consolidating around the 40 value. Looking at the 4-hour chart, the market is testing the lower support of the Bollinger Bands. The bands are slightly widening, and the moving average is running around the middle band. The short-term moving average has turned downwards, and the MACD fast and slow lines have crossed downwards, with the fast line breaking below the 0 axis. The volume bars continue to increase, and the KDJ is extending downwards, paying attention to the support around the 10 value. The VR index is consolidating around the 130 value, and the RSI has entered the oversold area. Overall, after the market broke through the upper boundary of the downward channel, it did not continue but returned to the channel. The market continues to be weak, testing the key support around 60,000 once again. The probability of breaking this level is high, but it is also a strong support. So, how to operate in the short term? See the short-term suggestions.

Short-term suggestion for Bitcoin: The current price is around 60,300, go short if it breaks below 60,000, and look for 58,500-58,200. If it breaks below, continue to look for 57,000. (The strategy is aggressive, so arrange it reasonably and take profits at your own discretion.)

Ethereum Technical Analysis————

There's not much to say about the technical aspect of Ethereum, referring to Bitcoin. The retracement around the 3520 level has a downward potential of around $200. After testing the 3220 level, there was a small rebound and then a correction. In the short term, it also follows the aggressive approach of Bitcoin.

Short-term suggestion for Ethereum: The current price is around 3335, go short if it breaks below 3300, and look for 3200. If it breaks below, continue to look for 3150-3130. (The strategy is aggressive, so arrange it reasonably and take profits at your own discretion.)

——I am Zhou Yueying, a teacher dedicated to technical analysis. If you have any questions about operations or 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 review delays, and the market changes in an instant. The above suggestions are for reference only, and you bear the risk! The market changes constantly every day, and all I can do is to provide some weak assistance based on my many years of practical experience, so that your investment decisions and management can be on the right track. 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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