Yueying: Perfect execution of Bitcoin and Ethereum long orders, waiting for short orders to be activated tonight.

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 irregular real-time price strategy suggestions in the Moments every day. 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————

The short position for Bitcoin did not activate yesterday, and the long position traded out a short of over $1000. Looking at the daily chart, the previous candle closed with a shadow above, falling back to the 6-day moving average. The intraday rebound is currently testing around the 60-day moving average. The Bollinger Bands continue to maintain a slightly open state, with short-term moving averages turning upwards, MACD fast and slow lines extending upwards, and the fast line running above the 0 axis. The volume bars continue to increase, KDJ is blocked and turning downwards, showing signs of consolidation. Looking at the 4-hour chart, the market is supported around the middle track, breaking through the short-term moving average, with the Bollinger Bands narrowing and running flat. The MACD fast and slow lines cross downwards, with increasing volume bars, KDJ continues to diverge downwards, pay attention to the support around the 20 value, and the VR index runs downwards around 180, showing consolidation. Overall, there are signs of a temporary peak in the short-term market. Be cautious about chasing the rebound in the short term, rely on resistance to go short, and maintain yesterday's approach. Around 66000 is the first resistance, breaking through will depend on the resistance around 67000-67300. The important support and resistance level below is around 62500. If this level can be held, the bulls still have upward momentum. If it is effectively broken, it will continue the bearish trend to seek new support. Therefore, in the short term, you can first enter around 63800, and pay attention to the support and resistance level around 62500 if it breaks. Short-term recommendations.

Short-term recommendation for Bitcoin: Short at 65800 (short at 67000 after breaking the previous high), Long at 63888 (activate the strategy for profit and manage it on your own)

Ethereum Technical Analysis————

The short position for Ethereum yesterday was also not activated, and the long position traded out a small profit of only about $50. The market has not changed much, so the approach is still the same as yesterday. After reaching a new high, look for a big retracement adjustment. After all, a rise accompanied by a pullback is a healthy trend. Otherwise, the bull market will not last long. The important short-term support and resistance level below is around 3350. Ethereum still looks to break the previous high, so the strategy is still to use yesterday's approach again. Short-term recommendations.

Short-term recommendation for Ethereum: Short at 3568 (short at 3600 after breaking 3650), Long at 3405 (activate the strategy for profit and manage it on your own)

——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 is constantly changing. The above suggestions are for reference only, and risks are self-assumed! The market changes constantly every day. All I can do is to provide some weak assistance based on my years of practical experience, so that everyone's investment decisions and management can be on the right track. Meeting is fate. 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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