Yueying: Bitcoin and Ethereum are expected to continue to decline in the short term after reaching a high point, with a possible short-term rebound.

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 you are, the more outstanding you will be. 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————

On the daily chart, the candlestick of Bitcoin has returned below the 60-day moving average, with the high point moving down. The Bollinger Bands remain open, the short-term moving average is moving upward, and the MACD fast and slow lines continue to move upward. The fast line momentum weakens, the volume bar shrinks, and the KDJ turns downward, showing signs of forming a crossover near the 80 value. The VR index is consolidating near the 80 value. On the 4-hour chart, the candlestick is resisted around the middle track and the short-term moving average, the Bollinger Bands are slightly open downward, the MACD fast and slow lines continue to move downward, the volume bar shrinks, and the KDJ turns upward and is then resisted before turning downward again. The VR index is consolidating near the 150 value. Overall, although the market is supported around 63300, the high point is moving down, showing signs of a temporary peak. 62500 is an important short-term support. If it falls below, the bearish trend will continue, otherwise the bullish trend will rely on support for a rebound. In the short term, pay attention to around 64500, which is also the resistance of the downtrend line. Short-term focus is on the rebound short, see short-term recommendations.

Short-term recommendation for Bitcoin: Short at 64250 (activate the strategy for self-profit)

Ethereum Technical Analysis————

Ethereum has formed a box structure at a high level. The short-term support below is around 3350, which is also the lower support of the box. If it breaks, it will test the support around 3280-3250. The key point above is around 3460, which is also the resistance of the trend line. If it can break through the resistance point, the bullish trend may break the previous high. In the short term, start by shorting at the resistance point. See short-term recommendations.

Short-term recommendation for Ethereum: Short at 3435 (activate the strategy for self-profit)

——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 risks are self-assumed! The market changes drastically every day. All I can do is to provide some weak assistance based on my many 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.

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。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink