Morning Analysis by A: BTC, ETH, SOL Market Analysis Incoming

CN
2 months ago

Morning market trends may go how? Little A explains for you!

Welcome to ask Little A in the group chat for more analysis: jv.mp/JaQ0CE

BTC

BTC's 1-hour price trend: Sideways.

Little A Morning Analysis: BTC, ETH, SOL Market Analysis Strikes_aicoin_Figure 1

This is a 1-hour Binance BTC/USDT K-line chart, with the latest price at: 67563.2 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy point one: 67200 USDT (EMA(7) and EMA(30) are both higher than this price, and there has been recent support performance)

  • Buy point two: 66750 USDT (A low point with a long lower shadow at 02:00 on July 22, possibly a strong support area)

  • Long stop loss point: 66500 USDT (slightly below buy point two, providing enough space to avoid triggering stop loss due to small fluctuations)

  • Sell point one: 68000 USDT (close to recent high points in the past few days, may face pressure)

  • Sell point two: 68400 USDT (near the highest price reached within the period at 08:00 on July 22, a more obvious resistance level)

  • Short stop loss point: 68600 USDT (exceeding sell point two, setting a higher stop loss point for conservative consideration)

【Price Trend Analysis】

  1. K-line pattern:

    • Recent K-lines show significant price fluctuations, with a significant long lower shadow appearing at 02:00 on July 22, indicating buying interest at the low and subsequent price rebound.
    • From 03:00 to 07:00 on July 23, the candle bodies gradually shrink, with uneven upper and lower shadows, suggesting market indecision.
  2. Technical indicators:

    • In the MACD indicator, both the DIF and DEA are in positive territory, but the MACD histogram has shown signs of narrowing since 10:00 on July 22, indicating a possible balance between long and short forces.
    • The KDJ indicator's J value has been above 80 in the recent few periods, indicating an overbought state and the need to be cautious of a pullback risk.
    • In the EMA indicator, EMA(7) has been running above EMA(30), indicating a relatively upward short-term trend, but the narrowing gap between the two requires attention to possible trend changes.
  3. Volume:

    • After reaching a peak at 02:00 on July 22, the volume gradually decreased, and compared to the price rebound, the volume did not increase synchronously, which may indicate insufficient upward momentum.
    • The volume in the most recent periods has been stable, with no significant increase or decrease, maintaining consistent market participation.

ETH

ETH's 1-hour price trend: Sideways.

Little A Morning Analysis: BTC, ETH, SOL Market Analysis Strikes_aicoin_Figure 2

This is a 1-hour Binance ETH/USDT K-line chart, with the latest price at: 3441.18 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy point one: 3460 USDT (Considering that EMA7 and EMA30 are narrowing, if the price can stabilize above this level, it may indicate a strengthening trend in the short term)

  • Buy point two: 3430 USDT (A long lower shadow indicates strong support at this price level, and a price retracement to this level can be seen as an opportunity to add positions)

  • Long stop loss point: 3400 USDT (Below the recent low points, providing enough space to avoid stop loss triggered by small fluctuations)

  • Sell point one: 3500 USDT (Close to the high point on July 22, may face selling pressure test)

  • Sell point two: 3530 USDT (Above the resistance area that has been unsuccessfully broken through several times recently, if the price reaches this level, it may be a suitable time to reduce positions)

  • Short stop loss point: 3565 USDT (Slightly above the recent high within the period, providing protection for short positions)

【Price Trend Analysis】

  1. K-line pattern:

    • Recent K-lines show significant price fluctuations, with multiple candles having long lower shadows (such as at 02:00 on July 22), indicating buying interest supporting the price whenever it declines.
    • Between 00:00 on July 23 and the latest price, there are some short bodies and small bearish candles, suggesting a lack of clear direction within this range.
  2. Technical indicators:

    • In the MACD indicator, the DIF has been consistently below the DEA, and the MACD histogram is negative, indicating a bearish trend, but the decreasing negative value may indicate a potential reversal.
    • The KDJ indicator's J value has fallen from recent high points in the past few periods, and both the K and D lines are below 50, suggesting possible pressure in the short term, but if the K line crosses above the D line, it may generate a buy signal.
    • In the EMA indicator, the 7-period EMA has been consistently below the 30-period EMA, indicating a relatively weaker short-term trend than the long-term trend. However, the gap between the two is narrowing, and if the 7-period EMA can cross above the 30-period EMA, it may signal a bullish trend.
  3. Volume:

    • After reaching a peak at 02:00 on July 22, the volume began to gradually decrease, which usually indicates a weakening downward momentum.
    • The volume has been stable in the most recent hours, with no significant increase in volume, indicating stable market participation and no dominant buying or selling pressure.

SOL

SOL's 1-hour price trend: Downward.

Little A Morning Analysis: BTC, ETH, SOL Market Analysis Strikes_aicoin_Figure 3

This is a 1-hour Binance SOL/USDT K-line chart, with the latest price at: 178.881 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy point one: 180.000 USDT (The price is close to the EMA(30) support level, and if there are signs of rebound, it can be considered as an initial buying point)
  • Buy point two: 175.000 USDT (Near the low point on July 22, a significant support area, further decline to this level may attract buying interest)
  • Long stop loss point: 172.000 USDT (Below buy point two, and with enough space to avoid triggering stop loss due to small fluctuations)
  • Sell point one: 185.000 USDT (Recent high point, if the price rises to this level, it may face pressure, suitable as an initial profit-taking point)
  • Sell point two: 190.000 USDT (Exceeding the previous high point, if the market sentiment improves and breaks through, it may achieve profits at a higher price)
  • Short stop loss point: 192.000 USDT (Above sell point two, providing sufficient safety cushion for short operations)

Price Trend Analysis

  1. K-line pattern:
    • Recent K-lines show significant price fluctuations, with a long bullish candle appearing from 04:00 to 05:00 on July 22, followed by some retracement in the next few hours, indicating active buying interest in the market during that period.
    • From 01:00 to 07:00 on July 23, the price trended downward, with the closing price lower than the opening price for most time periods, forming short bodies or small bearish candles.
  2. Technical indicators:
    • MACD indicator: The latest MACD value is negative (-0.619), and the DIF is below the DEA, indicating possible continued downward pressure in the short term.
    • KDJ indicator: The J value (24.56) is much lower than the K (46.49) and D (57.45), possibly indicating an oversold condition, with a potential rebound in the future.
    • EMA indicator: The current price (178.881) is lower than the EMA(7) (179.945), but higher than the EMA(30) (179.098), indicating a bearish short-term outlook and a relatively stable medium-term outlook.
  3. Volume:
    • Looking at the volume, it peaked at 02:00 on July 22 and gradually decreased, matching the price trend. When the price rises, the volume increases, and after the top reversal point, the volume starts to decrease.
    • The volume has been relatively stable in the past few hours, with no significant increase or decrease, and moderate market participation.

※All content is provided by the intelligent analysis assistant Little A, and is for reference only, not constituting any investment advice!

Little A's intelligent analysis is the industry's first intelligent analysis tool recommended by AICoin, which easily helps you interpret the trend of currencies, analyze indicator signals, and identify entry and exit points. Experience it on the APP or PC.

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