AICoin trading is a long-term plan, not a matter of overnight success, so there should be no rush. Even if there is a short-term loss, there is nothing to fear as long as the subsequent direction is chosen correctly. The lost will eventually return. However, it is important to pay attention to the timing of trading and the current market trends in order to increase the success rate. At the same time, investment is a process of growth. Mr. Coin suggests that everyone should learn while operating, summarize the gains and losses in a timely manner, deepen their understanding of risks, and plan with the correct mindset in order to reasonably avoid risks and become a qualified investor.
Mr. Coin's BTC Market Analysis Reference on 9.21
Bitcoin experienced a strong dive in the evening, with the price dropping by over a thousand points, breaking through the short-term support at 62500 and hitting a low of 52350 before rebounding. This indicates the strong intensity of this pullback. The focus will be on the strength of the support at the 62000 level in the future. If the pullback continues to break through, the price is expected to decline further. If the level is broken, short selling can be followed, but attention should be paid to capturing profits. Conversely, if this rebound stabilizes around 63000, the subsequent increase is expected to continue.
Looking at the short-term 4-hour chart, there were four consecutive negative candles, slowing down the increase. The MACD fast and slow lines are still above the zero axis, but the fast line is crossing below the slow line, indicating a trend of pullback in the short term. EMA: EMA7, EMA30, and EMA120 are all in a bullish arrangement, and the price has been running above EMA7, indicating a bullish market in the short term. However, it is important to note that if the price falls below EMA7, it may test the support of EMA30 below. The weekend market is expected to continue to oscillate within a range. It is recommended to capture the high and low points within the range in operations.
Short-term BTC Reference on 9.21: For more real-time single strategies, online technical learning, and getting out of the market, you can follow the public account of the mentor (Mr. Coin) to obtain the method: the first ten people each day can receive free strategies for getting out of the market.
Long position: Long in the 62100-62500 range, defend at 61000, stop loss at 60500, target above 63000.
Short position: Short in the 63000-63500 range, target below 62500, defend at 66900, stop loss at 300.
9.21 Ethereum Evening Short-term Reference:
Short position: Short at 2580-2611, defend at 2690, stop loss at 2730, target below 2530.
Long position: Focus on the 2480-2510 range, stop loss at 50 points, target above 2560.
There is a delay in the article delivery, and the strategy suggestions are for reference only. The market changes rapidly. No matter how accurate the judgment of the market is, it is essential to set stop-loss and take-profit levels. More real-time singles can be obtained by following the public account under the author's name, where you can also learn about technical analysis of the market and getting out of the market. The author has studied the market for many years, analyzed the major trends in the coin circle, and provided guidance on BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other coins. For those who are not familiar with trading, you are welcome to study and learn together.
This article is exclusively written and shared by Mr. Coin, representing his exclusive viewpoint. There is a delay in the article delivery, and risks are self-assumed. It is important to control the position reasonably when trading, and avoid overexposure or full exposure. Mr. Coin hopes that all fans and friends can achieve financial freedom and progress together. In the depths of time, grasp an understanding. In investment, one must learn to be optimistic. Do not let the future you dislike the present self. We are living in reality, but not every piece of data needs to be taken seriously. Let the past go, and let the future come faster! Rest well, prepare yourself, and be ready at all times. Let's go!
- This article is written by Mr. Coin, and plagiarism is rejected. Respect the original work!
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