Xiao A's evening analysis: Market analysis of ORDI, AAVE, and ETH is coming.

CN
3 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

ORDI

1-hour price trend of ORDI: Down.

Little A Evening Analysis: ORDI, AAVE, ETH Market Analysis Coming_aicoin_Figure 1

This is a 1-hour OKX ORDI/USDT K-line chart, with the latest price at: 29.808 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy Point 1: 30.00 USDT (This price is close to the current EMA(7) and MA(5). If the price can stabilize above this level, it may attract trend-following buying interest.)

  • Buy Point 2: 29.20 USDT (This is the recent low point. If the price tests this support level again and holds steady, it can be seen as a strong buying signal.)

  • Long Stop Loss: 28.80 USDT (Leave adequate space to avoid triggering stop loss due to small fluctuations, while considering the support near 29.20 USDT.)

  • Sell Point 1: 31.00 USDT (Close to the previous high and below the 30-period EMA, indicating significant short-term resistance.)

  • Sell Point 2: 32.00 USDT (Close to the high point at 00:00 on September 5th. If the price fails to break through, it may form a double top structure.)

  • Short Stop Loss: 32.60 USDT (Exceeding the recent high point, providing a safe buffer for short selling operations.)

【Price Trend Analysis】

  1. K-line pattern:

    • Recent K-lines show significant price fluctuations, with multiple long upper and lower shadows, indicating intense competition between buyers and sellers in these price ranges.
    • A high point of 32.561 appeared from 00:00 to 01:00 on September 5th, followed by a decline, forming a shooting star pattern, suggesting a possible top reversal.
  2. Technical indicators:

    • MACD indicator shows both DIF and DEA in negative territory, and the MACD histogram has changed from positive to negative, indicating strengthening bearish momentum in the short term.
    • The KDJ indicator shows a J value of 30.47 in the latest data, a slight decrease compared to previous values, but the K value and D value are still low, possibly indicating that the short-term trend has not clearly changed.
    • The 7-period EMA (29.808) has fallen below the 30-period EMA (30.529), showing a death cross of the short-term moving average crossing below the long-term moving average, indicating a bearish short-term trend.
  3. Volume:

    • The volume peaked at 107990.4114 at 15:00, then gradually decreased, indicating a decline in buying interest at high levels.
    • The recent hours have seen consistently low trading volume, indicating low market participation and a lack of sufficient driving force in the current price range.

AAVE

1-hour price trend of AAVE: Down.

Little A Evening Analysis: ORDI, AAVE, ETH Market Analysis Coming_aicoin_Figure 2

This is a 1-hour Binance AAVE/USDT K-line chart, with the latest price at: 131.59 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy Point 1: 130.50 USDT (Near-term support level, near EMA(30), potential buying interest if the price retraces to this area.)

  • Buy Point 2: 128.00 USDT (Near the low point on September 4th, a strong psychological and technical support level.)

  • Long Stop Loss: 126.00 USDT (Provide sufficient space to avoid triggering stop loss due to small fluctuations, and below Buy Point 2 and the previous low point.)

  • Sell Point 1: 135.00 USDT (Repeatedly tested resistance level, above EMA(7), suitable for short-term selling.)

  • Sell Point 2: 138.00 USDT (Near the highest price, may face significant selling pressure if the price approaches this level.)

  • Short Stop Loss: 140.00 USDT (Provide a buffer zone, higher than Sell Point 2, to reduce the risk of triggering stop loss due to small fluctuations.)

【Price Trend Analysis】

  1. K-line pattern:

    • Recent K-lines show significant price fluctuations, such as the long upper shadow at 00:00 on September 4th, indicating strong selling pressure. The large rebound from the low point of 116 to the high point of 122.49 from 08:00 to 09:00 on September 5th.
    • After three consecutive hours of decline from 23:00 on September 3rd to 01:00 on September 4th, a hammer candlestick with a long lower shadow appeared, suggesting a possible reversal.
  2. Technical indicators:

    • MACD indicator: The latest MACD value is negative (-1.31), and DIF is below DEA, indicating a bearish bias in the short term.
    • KDJ indicator: The J value of 16.08 is much lower than the K value and D value, which may indicate an oversold condition and potential for a rebound.
    • EMA indicator: The current price of 131.59 is between EMA(7) at 132.44 and EMA(30) at 131.90, indicating relatively stable medium-term trend, but attention should be paid to whether it will break below the EMA(30) support.
  3. Volume:

    • The volume significantly increased from 08:00 to 09:00 on September 4th, matching the sharp price rebound, indicating active buying interest in this price range.
    • The volume has gradually decreased in recent periods, possibly indicating that both buyers and sellers are not very active in the current price range, as the market awaits new information to guide the trend.

ETH

1-hour price trend of ETH: Down.

Little A Evening Analysis: ORDI, AAVE, ETH Market Analysis Coming_aicoin_Figure 3

This is a 1-hour Binance ETH/USDT K-line chart, with the latest price at: 2398.85 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy Point 1: 2420 USDT (Considering the vicinity of the crossover point of EMA(7) and EMA(30), there may be support for the price)

  • Buy Point 2: 2375 USDT (A lower low price appeared at 14:00 on September 5th, which can be seen as a strong support level)

  • Long Stop Loss: 2350 USDT (Leave enough space to avoid triggering stop loss due to small fluctuations, and also a psychologically critical support level)

  • Sell Point 1: 2450 USDT (The high point area of several recent rebounds, can be used as an initial resistance level)

  • Sell Point 2: 2510 USDT (Close to the high point at 20:00 on September 3rd, if it can be broken through, look for higher, but first ensure profit)

  • Short Stop Loss: 2530 USDT (Exceeding the previous high point indicates a possible change in market sentiment)

【Price Trend Analysis】

  1. K-line pattern:

    • Recent K-lines show intensified price fluctuations, with significant upper and lower shadows. The lowest price of 2375.36 at 14:00 on September 5th is far below the opening price of 2408.42, indicating strong selling and buying pressure.
    • From the overall trend, the price has gradually declined from the high point of 2517.15 at 21:00 on September 3rd to the latest price of 2398.85, showing a downward trend.
  2. Technical indicators:

    • The DIF in the MACD indicator continues to run below the DEA, and the MACD value is negative, indicating that the current market is under bearish control.
    • Both the K value and D value in the KDJ indicator are below 30, and the J value has risen slightly but still remains low, suggesting the possibility of oversold conditions and the need to be cautious of a rebound.
    • In the EMA indicator, the EMA(7) has fallen below the EMA(30), further confirming the short-term downward trend.
  3. Volume:

    • The volume has increased in certain time periods, such as the significant increase in volume at 09:00 on September 4th, accompanied by a rapid price decline, which may be a signal of panic selling.
    • The volume has been relatively stable in the recent hours, with no significant increase or decrease, indicating consistent market participant activity.

※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.

PC & APP Download: https://www.aicoin.com/download

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