In a person's self-discipline lies infinite possibilities; the degree of your self-discipline determines the height of your life.
There are no shortcuts in life, but every step you take counts.
The more diligent, the more effort; the more self-disciplined, the more excellent. I am Zhou Yueying, focusing on the trend analysis of mainstream coins, providing insights based on my own technical analysis of the market.
First published on the public account. Friends who want to verify their strength can follow the public account at the end of the article to find Yueying. There are irregular real-time strategy suggestions in the friend circle every day. Here at Yueying, the strategy only has precise points, with no ambiguous ranges or nearby levels. Friends who like Yueying can click to follow. Let's see today's sharing!
The long position for Bitcoin at 60700 given in yesterday's article saw the market accurately retrace to 60700 and then rebound, creating a space of about 1700 dollars. Those who followed the short-term strategy gained well, while the long position for Ethereum Classic missed the execution by a few dollars.
Bitcoin Technical Analysis ————
Looking at the daily chart of Bitcoin, the previous candle closed bullish. The intraday market is oscillating upwards, testing the short-term moving averages and the middle band. The Bollinger Bands are slightly narrowing and flattening, with the short-term moving averages crossing around the middle band, forming short-term resistance. The MACD fast and slow lines are crossing downwards, showing signs of a turn, while the volume bars are decreasing. The KDJ continues to maintain an upward turn, showing a tendency to converge. The VR indicator is consolidating around the 160 value. On the 4-hour chart, the market is slightly retracing after being blocked at the upper band, finding support around the EMA200 and undergoing oscillation adjustments. The Bollinger Bands are slightly opening, with the short-term moving averages turning upwards. The MACD fast and slow lines continue to extend upwards, with decreasing volume bars. The KDJ turned downwards and then resumed its upward movement, continuing to pay attention to the resistance near the 100 value. The VR indicator is consolidating around the 60 value. Overall, as the market enters the weekend, the fluctuations are temporarily small, mainly undergoing slight oscillation adjustments. In the short term, pay attention to the support around the 4-hour EMA and the middle band, and continue to look for a rebound upwards for testing. Here are the short-term suggestions.
Bitcoin Short-term Suggestion: Long at 61600 (Activate strategy and take profit as needed)
Ethereum Classic Technical Analysis ————
The technical trend of Ethereum Classic is synchronized with Bitcoin, showing no significant differences. It is linked to Bitcoin for reference. There is not much to say over the weekend; the short-term focus remains on retracing to take long positions. Here are the short-term suggestions.
Ethereum Classic Short-term Suggestion: Long at 2370 (Activate strategy and take profit as needed)
—— I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn with me! Let's share and profit together! Public account: I am Zhou Yueying
The publication of articles may have delays, and the market changes rapidly. The above suggestions are for reference only, and risks are borne by the individual! The market changes every day, and what I can do is use my years of practical experience to provide some slight assistance, guiding your investment decisions and management in the right direction. Meeting is fate; I am a person who believes in fate. If you have any doubts in the cryptocurrency circle, you can pay more attention to Zhou Yueying, and I believe it will be helpful to you.
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