Market analysis for September 17th: Short-term observation of Bitcoin, looking for a rebound on the 1-hour timeframe.

CN
1 year ago

Daily Sharing

Today is the Mid-Autumn Festival, so the update is a bit slow. Wishing everyone a happy Mid-Autumn Festival!

For Bitcoin, the short-term rebound on the 15-minute timeframe has already broken through 57179. Structurally, it has laid the foundation for a 1-hour rebound. The resistance for the short-term rebound is at 60500. If it cannot be broken, it will confirm a 4-hour rebound, and there will be a third 1-hour decline in the future.

Overall, the probability of a 4-hour pullback here has increased. Pay close attention to whether a second sell-off occurs in the 1-hour rebound.

BTC

Due to the rapid changes in the market, this article can only make predictions based on the market changes at the time of publication. Short-term players should pay attention to the latest market changes, and use this information as a reference only.

1H:

On the 1-hour timeframe, the current breakthrough of 59179 is expected to lead to a 1-hour rebound. If this rebound cannot break through 60400, then a third 1-hour decline is likely, with the overall expectation to reach around 54000. If the 1-hour rebound can break through 60400, then Bitcoin may have a chance to extend the 4-hour rebound to around 61000.

15M:

On the 15-minute timeframe, it is currently likely to be in the first 1-hour rebound. The first 15-minute rebound is likely almost complete, and short-term players should watch for the second 15-minute pullback, with support around 58250, and then expect a third 15-minute rebound to around 60000.

ETH

Ethereum is also likely in the second 1-hour rebound, with attention to the vicinity of 2370. If it cannot break through 2415, there is a high probability of a third 1-hour decline to around 2150 or below. The normal expectation for the 1-hour rebound is to occur tomorrow morning.

Trend Direction

Weekly timeframe: Downward direction, the extension of the weekly decline, theoretically around 49000, with a limit of 45000 to 48000. Whether it has ended currently requires further observation.

Daily timeframe: Upward direction, watching whether it will fall below 49000.

4-hour timeframe: Downward direction, the probability of a 4-hour pullback is relatively high at the moment.

1-hour timeframe: Upward direction, currently observing the strength of a 1-hour rebound. If it does not break 60400, there is a chance of a second sell-off. If it breaks through, then look for the extension of the 4-hour rebound.

15-minute timeframe: Upward direction.

Feel free to follow my public account for further discussion and exchange:

The article is time-sensitive, so please be aware of the risks. The views expressed in the article are personal opinions and are for reference only!

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