Market analysis: There are not many opportunities for mainstream currencies to pull back, and follow up in time during the finishing stage
Today, the mainstream currency has risen strongly again, continuing the recent bullish dominance. BTC remains unmoved and has failed to break through the long-lasting 300-point trend range. At present, we need to continue to wait for the trend to break through the two key points of 10100 or 10400 point, otherwise it will continue to sell high and buy low in the range. Recently, Jiayong has repeatedly emphasized that BTC will not break or stand, and you need to be patient in the process. It is also a good choice to accumulate income through multiple interval operations. Next, we will mainly Focus on the rising mainstream coins.
The rise of ETH is still going on, the trend has not been suppressed by too much resistance, and the road is going smoothly. In the daily chart, you can see that the upper track of the Bollinger Bands crosses the 60-day moving average at $195, which is what Jiayong mentioned earlier. The key upward resistance has been broken through and stabilized at this stage. The highest trend has reached above $217. The Bollinger Bands have begun to expand. The increase in the upward space has helped the trend continue to rise. The MACD in the attached indicators has returned to above the zero axis. At the peak period, the strength indicator RSI is moving towards a high level, and the trend still has the opportunity to continue to rise. The hourly level trend has fallen after testing the high point of 217 US dollars. It is currently at a high level, and the Bollinger belt is closing. The trend will be The mid-track is oscillating above $210. It is recommended that the trend fall back to around this point and then follow up with long orders. The Bollinger Bands at the four-hour level are still in a state of upward expansion, which means that the consolidation rhythm will not last long, and there will be another upward trend tonight Opportunities, the MA5 moving average also comes above the 210 line, and the long position can remain strong. In terms of operation, it is recommended to follow up the long order at 210-211, and pay attention to the 218 line for the profit stop point.
EOS’s recent burst of long positions has gradually come to an end, and it is still able to stabilize above $4.0, reaching the highest line of 4.23. Today, there is a slight drop. The four-hour average MA30 and the Bollinger Band’s lower track intersect at the line 3.99. The weakening of the trend means that there is still room for downside. It is recommended to wait for the trend to fall further before placing more orders. However, after testing above 4.20 recently, it encountered resistance and fell back. The short suppression at this point will continue, and more orders can be placed near this point. Take profit and leave the market. The Bollinger Bands on the daily chart are in the expansion stage. The MACD fast and slow line has returned to above the zero axis. There is still a chance to continue to rise in the future. The general recovery rhythm of mainstream currencies will continue. It is recommended to follow up around 4.0 in terms of operation Long orders, take profit point focus on the 4.20 line. Whether it is the accumulation of income in shocks, or the expansion of income in long-short heavy volume, Jiayong will bring you the most comprehensive analysis and suggestions to help you finally achieve ideal results.
