Crypto News
September 17th Hot Topics:
1. Former Celsius CEO Mashinsky seeks witness testimony when facing a threat of 115 years in prison
2. DeFi platform Delta Prime encountered a $6 million attack on Arbitrum
3. CryptoUK: Strict regulation by the UK Financial Conduct Authority is hindering the development of the cryptocurrency industry
4. CryptoQuant founder: The crypto industry is in crisis, with poor performance and no capital inflows for altcoins in 2024
5. US SEC strengthens scrutiny of Binance token listings and trading processes
Trading Insights
If you are new to the cryptocurrency market, you need to remember these trading maxims:
- Buy sideways, buy dips, not peaks; sell at the peak.
- Continuous small rises are real rises, exit during continuous large rises.
- A sharp rise needs a pullback, don't buy without a deep dip.
- Accelerated main rise indicates the peak, sell quickly during rapid falls and slowly during rises.
- Rapid falls with no volume are intimidation, withdraw quickly during slow falls with volume.
- Price breakthrough of the lifeline, don't hesitate to make short-term trades.
- Take the daily and monthly charts seriously, build positions with the main force.
- Price rise without volume, the main force is luring, don't stand by.
- Shrinking volume at new lows is like a bottom, increase in volume indicates entry during recovery.
LIFE IS LIKE A JOURNEY ▲
Below are the real trading signals from the Da Bai Community this week. Congratulations to the friends who followed. If your operations are not going well, you can come and try.
Real data, each signal has a screenshot taken at the time.
Search for the public account: Da Bai Lun Bi
BTC
Analysis
Bitcoin gave a long entry near 58080 yesterday, currently in a profitable position. The daily chart yesterday retraced from around the highest point of 59200 to around the lowest point of 57450, closing near 58200. Support is near MA14, and a dip can be bought near this level. Resistance is near MA30. MACD is bullish with shrinking volume. On the 4-hour chart, resistance is near MA200, a breakthrough could lead to MA30, while support is near MA120, breaking which could lead to MA90. A dip can be bought near this level. MACD is bearish with shrinking volume, showing signs of a golden cross. In the short term, a long entry can be made near 57780-57200, with a rebound target near 58700-59300.
ETH
Analysis
On the daily chart, Ethereum retraced from around the highest point of 2335 to around 2250, closing near 2295. Resistance is near MA14, and there is support near 2220, which has been tested multiple times. A dip can be bought near this level. MACD is bullish with shrinking volume. On the 4-hour chart, resistance is near MA14, a breakthrough could lead to MA90. MACD is bearish with shrinking volume, showing signs of a golden cross. In the short term, a long entry can be made near 2223-2180, with a rebound target near 2290-2335.
Disclaimer: The above content is for personal reference only and does not constitute specific trading advice, nor does it bear legal responsibility. Market conditions change rapidly, and the article has a certain lag. If there is anything you don't understand, feel free to consult.
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。
