The weekly rebound on 24/10/23 has not ended; the pullback should be an opportunity to increase positions, and reversing to pick up people is still highly probable!

CN
1 day ago

Yesterday, the market formed a doji star with narrow fluctuations, combining with previous lines to create an engulfing pattern. The previous rebound from 58946 was a dominant hourly trend within the weekly level, consistently breaking through to new highs. The subsequent drop below 66571 has some support but remains a continuation of the downtrend. Ethereum's converging triangle experienced a false breakout and has fallen back, requiring further adjustment before continuing its upward movement.

The weekly level rebound with minor pullbacks still presents an opportunity to enter the market. In the altcoin sector, the GAMEFI segment can be continuously monitored: BIGTIME and PIXEL are leading in gains, followed by GALA, MAGIC, AXS…

Bitcoin

The daily chart shows an engulfing pattern combined with a doji star; the pullback is still not complete. The daily MACD shows a top divergence, and the SKDJ has formed a death cross, indicating a significant possibility of a retest of the BOLL middle band. At that time, we can look for entry opportunities. In the short term, if it continues above 68000, we can also increase our positions while waiting for clear signals to emerge.

4-hour candles show multiple doji stars oscillating between 66000 and 67900. The MACD has been below the zero line since the 17th, and if it cannot turn positive, it will be difficult to see a turning point.

Support: Resistance:

Ethereum

The daily chart shows a false breakout of the converging triangle, and having fallen below the ascending channel, it requires short-term adjustment. There are several key support levels below, where pin bars and large bullish candles present significant rebound opportunities that need to be monitored.

The 4-hour moving average golden eye indicates that subsequent pullbacks can focus on support from the region to seek rebounds…

Support: Resistance:

If you like my views, please like, comment, and share. Let's navigate through the bull and bear markets together!!!

This article is time-sensitive and for reference only, with real-time updates.

Focusing on candlestick technical research, we aim to win global investment opportunities. Public account: Trading Prince Fusu

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