10.28 Zhang Lihui: Bitcoin Market Analysis and Trading Suggestions:
After waiting for a day, Ethereum still hasn't rebounded much. However, the long position of 2414 laid out by Lihui the day before is still held, waiting for the 4-hour MA30 to break and reach the MA120 position.
Looking at Bitcoin, it has once again surged close to the 68000 mark today, and the current market is retreating again. The 1-hour Bollinger Bands are trending upwards, with the lower band rising. A decrease in volume appears above the 0 axis in MACD, and the DIF and DEA are converging. Therefore, the support for the pullback can be focused on MA80, MA30, and the lower band range.
In the 4-hour chart, the Bollinger Bands are also opening upwards, with continuous volume increase above the 0 axis in MACD. The low-level golden cross is also continuing. The support below can consider MA30, MA10, MA15, and the middle track for multiple line support; if it breaks down, look at MA120.
On the daily level, the upper and middle tracks have been in a parallel position for a long time after ending the downward trend, and the lower track is also actively rising. Although the volume is increasing below the 0 axis in MACD and a death cross has formed, the decline is not very strong. Therefore, continue to pay attention to the support of MA15 and the lower track range below the K-line.
Based on the above indicators, Lihui believes that the bullish trend still exists, and the focus should continue to be on low long positions during pullbacks, considering short positions only if the highs are broken.
It is suggested to go long in the 67400-66900 range during pullbacks, reserving the 65700-66000 range for additional positions below; stop loss below 65500; target at 67900-68500-69200; if it breaks 69300-69500, it can continue to be held.
If the previous high is not broken, it is recommended to short in the 69200-68700 range, with targets at 68100-67600-67100; if it breaks 67000-66700, it can continue to be held down to below 66000; specific entry opportunities for short positions can be determined according to Lihui's real-time strategy as the market changes.
There may be delays in article review and push notifications, and the market changes rapidly. Specific entry opportunities must be combined with actual operations, based on real-time notifications. The suggested points in the article are for reference only; do not operate with heavy positions. Please ensure to set take-profit and stop-loss levels when entering, and take profits when favorable!
I, Lihui, interpret global economic news and analyze the major trends in the cryptocurrency world. During my studies in the U.S., I conducted in-depth research on cryptocurrencies such as BTC, ETH, LTC, DOT, EOS, BNB, and SOL. I welcome comments and messages from those who are not familiar with trading!
Scan the QR code below to follow the author for more real-time information and operations!
This article is exclusively published by (WeChat Official Account: Zhang Lihui) for reference only, and the risk is borne by the reader. May we remain humble and brave in the complex cryptocurrency world, unafraid of challenges and willing to explore. Just as "the road is long and has no ending, yet I will search high and low," I hope we keep pace with the times, absorb wisdom, travel thousands of miles, experience storms, and gain insights into life.
May you, under Lihui's guidance, leverage strengths and avoid weaknesses, create value, and remember the market's baptism, staying true to your original intentions. In the wave of digital currency, may we hold onto our beliefs, forge ahead, and jointly compose a brilliant future, sharing the joy of success. Let us work hand in hand to create brilliance in this investment journey full of challenges and opportunities!
Warm reminder: The above content is solely created by the author of the official account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully, and thank you for reading.
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。
