Xiao A Evening Analysis: MEW, ETH, SOL Market Analysis Incoming

CN
2 months ago

Evening market trends may go how? Little A analyzes for you!

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

MEW

1-hour price trend of MEW: Sideways.

Little A Evening Analysis: MEW, ETH, SOL Market Analysis Strikes_aicoin_Figure 1

This is a 1-hour Gate MEW/USDT K-line chart, with the latest price at: 0.007198 USDT, including EMA, MACD, KDJ, and trading volume indicators.

【Buy/Sell Points】

  • Buy Point 1: 0.007200 USDT (recent K-line rebounds near this price multiple times, indicating support exists)

  • Buy Point 2: 0.006950 USDT (near the low point at 15:00 on July 25th, if the price tests this area again, it may attract buying interest)

  • Long position stop-loss point: 0.006800 USDT (slightly below Buy Point 2, providing market fluctuation space to avoid triggering stop-loss due to minor oscillations)

  • Sell Point 1: 0.007400 USDT (EMA(7) and the latest closing price are close, can be used as a short-term selling reference)

  • Sell Point 2: 0.007600 USDT (near the recent high point, if the price rises to this level, it may face significant pressure)

  • Short position stop-loss point: 0.007700 USDT (slightly above Sell Point 2, providing adequate space for short positions to prevent larger losses due to breakthroughs in this area)

【Price Trend Analysis】

  1. K-line pattern:

    • Recent K-lines show significant price fluctuations, with multiple long lower shadows (such as 08:00 on July 24th, 03:00 on July 24th), indicating buying interest at lower levels, but upward pressure still exists.
    • A long solid bullish candle appeared at 18:00 on July 24th, followed by a price decline, which may be a brief buying climax.
  2. Technical indicators:

    • The average values of DIF and DEA in the MACD indicator are close and the MACD histogram value is small, indicating that the current market trend is not strong and there are no clear buying or selling signals.
    • The J value in the KDJ indicator is at 44.40 in the latest data, slightly higher than the previous few periods, but still below 50 overall, not entering the overbought zone, and the market has no clear direction yet.
    • The EMA(7) and EMA(30) lines are gradually approaching, and if EMA(7) can cross above EMA(30), it may form a golden cross, which is a buying signal.
  3. Trading volume:

    • The trading volume peaked at 09:00 on July 24th and then gradually decreased, indicating waning buying interest near the high point.
    • The trading volume has been stable in the recent few hours, with no significant increase or decrease, showing strong market participant wait-and-see sentiment.

ETH

1-hour price trend of ETH: Downward.

Little A Evening Analysis: MEW, ETH, SOL Market Analysis Strikes_aicoin_Figure 2

This is a 1-hour Binance ETH/USDT K-line chart, with the latest price at: 3176.58 USDT, including EMA, MACD, KDJ, and trading volume indicators.

【Buy/Sell Points】

  • Buy Point 1: 3200 USDT (KDJ indicator shows potential short-term rebound, if the price can stabilize and rise to this level, it may attract more buyers)

  • Buy Point 2: 3125 USDT (near the recent lowest price, if the price tests this support level again and does not fall below, it can be seen as a good buying opportunity)

  • Long position stop-loss point: 3100 USDT (providing sufficient space to avoid triggering stop-loss due to minor fluctuations, while considering 3125 USDT as an important support level, there should be some buffer below)

  • Sell Point 1: 3300 USDT (position of EMA(30), recently acting as strong resistance, can consider partial reduction after breakthrough)

  • Sell Point 2: 3400 USDT (near the high point on July 24th, if the market can retest the previous high point, it may face selling pressure)

  • Short position stop-loss point: 3450 USDT (50 USDT above Sell Point 2, providing additional space to prevent forced liquidation of short positions due to unexpected sharp rise)

【Price Trend Analysis】

  1. K-line pattern:

    • Recent K-lines show significant price fluctuations, with a downward trend from 17:00 on July 24th to 11:00 on the 25th, followed by a slight rebound. In the latest few hours, the price has been oscillating slightly in the 3170-3180 range.
    • A long bullish candle appeared from 16:00 to 18:00 on July 23rd, indicating buyer control of the market, but gradually turned into bearish candles, showing increased selling pressure.
  2. Technical indicators:

    • Both DIF and DEA in the MACD indicator are below the zero axis, and the MACD histogram value is negative, indicating a bearish market trend. Nevertheless, the narrowing gap between DIF and DEA implies a possible reversal signal.
    • In the KDJ indicator, the J value is at 26.25, while the K and D values are 22.57 and 20.73 respectively, all below the 50 level, indicating a bias towards sellers in the current market, but the K line is about to cross above the D line, possibly indicating a short-term rebound.
    • The EMA indicator shows that EMA(7) is below EMA(30), further confirming the short-term downward trend.
  3. Trading volume:

    • The trading volume peaked at 09:00 on July 24th and then gradually decreased, which usually means that the upward trend is no longer widely supported, and the market may be losing momentum.
    • The trading volume has been relatively stable in the recent few hours, with no significant increase or decrease, indicating strong market participant wait-and-see sentiment, waiting for clearer trend signals.

SOL

1-hour price trend of SOL: Downward.

Little A Evening Analysis: MEW, ETH, SOL Market Analysis Strikes_aicoin_Figure 3

This is a 1-hour Binance SOL/USDT K-line chart, with the latest price at: 170.683 USDT, including EMA, MACD, KDJ, and trading volume indicators.

【Buy/Sell Points】

  • Buy Point 1: 172.0 USDT (Considering EMA(30) as a recent support level, the price may rebound in this area)

  • Buy Point 2: 169.5 USDT (Near the low point with a long lower shadow at 10:00 on July 25th, strong buying interest may intervene if the price tests this level again)

  • Long position stop-loss point: 168.0 USDT (Leave enough space to absorb potential fluctuations and place it below the recent low point)

  • Sell Point 1: 175.0 USDT (High point in the recent few hours, can be seen as a short-term resistance level)

  • Sell Point 2: 178.0 USDT (High point area at 08:00 and 09:00 on July 25th, previously an important resistance level)

  • Short position stop-loss point: 180.0 USDT (Set a conservative short position stop-loss above Sell Point 2 and higher than the highest price in the 01:00 period on July 25th)

【Price Trend Analysis】

  1. K-line pattern:

    • Recent K-lines show significant price fluctuations, especially the long lower shadow at 10:00 on July 25th indicates a certain degree of retracement from the high point, but buying interest supports the price.
    • From 16:00 on July 24th to 17:00 on July 25th, there are consecutive small solid bearish candles, indicating strong short-term selling pressure.
  2. Technical indicators:

    • MACD indicator: Both DIF and DEA are below the zero axis, the MACD histogram is negative and increasing, indicating a bearish trend.
    • KDJ indicator: The J value fluctuates around 20, and the K and D values cross frequently, without clear signals of a golden cross or death cross, indicating market uncertainty.
    • EMA indicator: The latest price is below EMA(7) and EMA(30), indicating a downward short-term and medium-term trend.
  3. Trading volume:

    • The trading volume peaked at 10:00 on July 25th and then gradually decreased, matching the price decline, confirming the downtrend with trading volume.
    • The trading volume has been stable in the recent few hours, with no significant increase, indicating cautious market participants.

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

Little A 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 end.

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