Xiao A Evening Analysis: Market Analysis of NEIROETH, REEF, AAVE is Coming

CN
3 months ago

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

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NEIROETH

1-hour price trend of NEIROETH: Down.

Little A Evening Analysis: NEIROETH, REEF, AAVE Market Analysis Strikes_aicoin_Figure 1

This is a 1-hour Gate NEIROETH/USDT K-line chart, with the latest price at: 0.1737 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy Point 1: 0.1700 USDT (Considering EMA(7) slightly lower than the latest closing price, it can be a potential buying point near the short-term support level)

  • Buy Point 2: 0.1650 USDT (Combining the low price of 0.1524 and the trend of MA(10), this price may be a strong psychological and technical support level)

  • Long Position Stop Loss Point: 0.1600 USDT (Giving 5% space below Buy Point 2 to avoid triggering stop loss due to minor fluctuations)

  • Sell Point 1: 0.1800 USDT (Close to the previous high and above EMA(30), it can be considered as the initial resistance level)

  • Sell Point 2: 0.1900 USDT (Close to the high point at 00:00 on September 11th, if broken, it may test higher levels)

  • Short Position Stop Loss Point: 0.1950 USDT (Exceeding Sell Point 2 and leaving some space to reduce the risk of triggering stop loss due to minor rebounds)

【Price Trend Analysis】

  1. K-line pattern:

    • Recent K-line shows significant price fluctuations, especially a long upper shadow line appeared at 20:00 on September 10th, indicating selling pressure. And from 08:00 to 12:00 on September 11th, four consecutive hours of closing prices were lower than the opening prices, forming a series of short real body bearish candles, suggesting weakening buying pressure in the short term.
    • Between 19:00 on September 10th and 06:00 on September 11th, the price experienced a slight upward trend, followed by a decline. This may indicate a changing market acceptance of the current price level.
  2. Technical indicators:

    • MACD indicator shows that both DIF and DEA are in the negative zone, and the MACD histogram shows negative value, indicating a bearish trend in the short term. The latest data shows the MACD value is -0.0037, indicating the existence of downward momentum.
    • KDJ indicator shows that the K value (25.89) is lower than the D value (26.88), and the J value (23.91) is even lower, indicating the risk of further decline in the short term. However, the proximity of the K value to the D value may also indicate an imminent golden cross, which needs to be observed for confirmation of the subsequent trend.
    • EMA indicator shows that EMA(7) is slightly lower than the latest closing price, while EMA(30) is higher than the latest closing price, which is usually considered as a potential signal for a short-term decline.
  3. Volume:

    • During significant price fluctuations, such as the large bullish candle with a significant increase in volume at 20:00 on September 10th, this may indicate bullish participation pushing up the price.
    • The volume has decreased in the recent periods, especially during the periods of price decline, which may indicate that the downward trend is not widely supported by the market, or the market is waiting for clearer directional signals.

REEF

1-hour price trend of REEF: Down.

Little A Evening Analysis: NEIROETH, REEF, AAVE Market Analysis Strikes_aicoin_Figure 2

This is a 1-hour Binance REEF/USDT K-line chart, with the latest price at: 0.001655 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

  • Buy Point 1: 0.001630 USDT (Considering the downward trend of EMA(7) and EMA(30), setting a buy point near the recent low to look for potential rebound)

  • Buy Point 2: 0.001580 USDT (If the price continues to decline, setting a second buy point near a lower support level, close to the low point at 06:00 on September 10th)

  • Long Position Stop Loss Point: 0.001530 USDT (Leaving enough space to avoid triggering stop loss due to minor fluctuations, and also a relatively obvious low point in the recent days)

  • Sell Point 1: 0.001700 USDT (Based on the current level of EMA(7) and its historical performance as a possible resistance, there may be selling pressure here)

  • Sell Point 2: 0.001750 USDT (Close to the high point at 03:00 on September 11th, if the market can rise to this level, it may face significant selling pressure again)

  • Short Position Stop Loss Point: 0.001780 USDT (Slightly above Sell Point 2, providing additional space to cope with adverse price fluctuations)

【Price Trend Analysis】

  1. K-line pattern:

    • Recent K-line shows significant price fluctuations, gradually declining from the high point of 0.002175 at 20:00 on September 10th to the latest price of 0.001655. During this process, there were some long upper shadow lines (such as at 18:00 on September 10th), indicating strong selling pressure.
    • Between 17:00 on September 10th and 17:00 on September 11th, there were no typical reversal or continuation patterns, but an overall downward trend.
  2. Technical indicators:

    • MACD indicator: Both DIF and DEA are below the zero axis, the MACD histogram is negative and shows signs of expansion, indicating a bearish trend in the current market.
    • KDJ indicator: The J value fluctuates significantly, but overall tends towards the oversold area, possibly indicating potential rebound opportunities; however, further confirmation is needed.
    • EMA indicator: EMA(7) is lower than EMA(30), and both are in a downward trend, supporting the bearish view in the short term.
  3. Volume:

    • The volume has increased during price declines, especially with a significant increase in volume at 20:00 on September 10th, followed by a price decline, which is usually considered as confirmation of a downward trend.
    • The volume has decreased in the recent hours, which may indicate a weakening downward momentum, but caution is still needed for possible further decline.

AAVE

1-hour price trend of AAVE: Down.

Little A Evening Analysis: NEIROETH, REEF, AAVE Market Analysis Strikes_aicoin_Figure 3

This is a 1-hour Binance AAVE/USDT K-line chart, with the latest price at: 150.29 USDT, including EMA, MACD, KDJ, and volume indicators.

Buy/Sell Points

  • Buy Point 1: 145 USDT (Considering EMA(30) is at 146.38, the price may receive support from the medium-term moving average if it retraces near this level)

  • Buy Point 2: 140 USDT (The low point at 00:00 on September 10th was 140.05, which can be considered a strong support level)

  • Long Position Stop Loss Point: 137 USDT (Leaving enough space to avoid triggering stop loss due to minor fluctuations, and below Buy Point 2 and the aforementioned support level)

  • Sell Point 1: 155 USDT (There is selling pressure near the recent high of 159, 155 is a conservative initial profit target)

  • Sell Point 2: 160 USDT (Exceeding the recent high of 159, it is expected to face greater selling pressure)

  • Short Position Stop Loss Point: 163 USDT (Above Sell Point 2, providing space to prevent the failure of the short strategy due to breaking the new high)

Price Trend Analysis

  1. K-line pattern:

    • Recent K-line shows significant price fluctuations, with several long upper shadow lines (such as the high point of 159 at 15:00 on September 11th), indicating strong selling pressure.
    • There was a continuous increase in real bodies from 21:00 on September 10th to 03:00 on September 11th, followed by a decline from 04:00 to 06:00 on September 11th, possibly a brief adjustment.
  2. Technical indicators:

    • MACD indicator: The latest MACD value is negative (-0.83), and the DIF is lower than the DEA, indicating a bearish bias in the current trend.
    • KDJ indicator: The J value (11.38) is much lower than the K (35.36) and D (47.35), possibly indicating a potential rebound in the market in the near future.
    • EMA indicator: The closing price of 150.29 is slightly lower than the EMA(7) of 150.44, but still higher than the EMA(30) of 146.38, indicating a relatively stable medium-term trend.
  3. Volume:

    • The volume reached a peak of 658914.4000 at 15:00 on September 11th, then gradually decreased, in line with the price trend, indicating selling pressure at the high level.
    • The volume in the last hour decreased significantly to 63486.4000 from 362081.7000 in the previous hour, indicating a decrease in activity from both buyers and sellers.

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

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