Cryptocurrency News
July 14th Hot Topics:
1. Dragonfly Partner: Trump May Win the Election Due to His Performance After the Shooting Incident
2. Binance Delists Projects, Triggering Collective Selling, Suspected Last Pump Before Delisting
3. Sun Yuchen Reportedly Sells TRON Trust to Abra through Valkyrie
4. Nigerian Court to Rule on Binance Tax Evasion Case on October 11
5. Bitcoin L2 Network Stacks Completes Code Writing for Nakamoto Upgrade
Trading Insights
5 Laws of Trading in the Cryptocurrency Market!
1. Rising fast and falling slowly indicates accumulation. Rapid rise but slow decline indicates that the market makers are accumulating chips, preparing for the next round of increase.
2. Falling fast and rising slowly indicates distribution. Rapid decline but slow rise means that the market makers are gradually selling off, and the market is about to enter a downward cycle.
3. Do not sell at the top with high volume, but run quickly if there is no volume at the top. Large trading volume at the top may continue to rise; but if the trading volume at the top shrinks, it indicates insufficient upward momentum, so it is best to exit quickly.
4. Do not buy at the bottom with high volume, but continuous high volume can be bought. Bottom volume may be a continuation of the decline and needs to be observed; continuous high volume indicates continuous capital inflow, which can be considered for buying.
5. Trading cryptocurrency is trading emotions, and consensus is reflected in trading volume. Market sentiment determines the fluctuation of coin prices, and trading volume reflects market consensus and investor behavior!
LIFE IS LIKE
A JOURNEY ▲
Below are the real trading signals from the Daibai Community this week. Congratulations to the friends who followed. If your operations are not going well, you can come and try.
Real data, each order has a screenshot taken at the time.
Search for the public account: Daibai Coin Forum
BTC
Analysis
Bitcoin's daily chart has seen a rebound from near MA7 to a high near 59850, finally closing near MA200. The bottom support is near MA7. If there is a subsequent pullback, it can be used to enter long positions. The upper resistance can be seen near MA30. The MACD is showing increasing bullish momentum. The four-hour chart's bottom support is near MA30. If there is a pullback, it can be used to enter long positions. The MACD is forming a bullish crossover. Short-term entry can be made near 58000-57800 for a rebound target near 60000-61000.
ETH
Analysis
There is a high probability that Ethereum's weekly K-line will be above MA30. The daily chart has seen a rebound from near MA200 to above MA14. The bottom support can be observed near MA7. If there is a pullback, positions can be opened near this level. The MACD is showing increasing bullish momentum and forming a bullish crossover. The four-hour chart's bottom support is near MA30. If there is a pullback, positions can be opened near this level. The upper resistance is near MA120. The MACD is continuing to oscillate with both lines flat. Short-term entry can be made near 3150-3120 for a rebound target near 3240.
Disclaimer: The above content is for personal reference only and does not constitute specific trading advice, nor does it bear legal responsibility. The market situation changes rapidly, and the article has a certain lag. If there is anything you don't understand, feel free to consult.
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。
