Bulls are more active today, BTC continues to test upwards
At night, the first wave of BTC rebounded and went up after reaching around 8300. After reaching around 8300, it encountered resistance and rectified. There was no major drop. At present, it stabilized at the 8200 line and oscillated. After that, it will welcome the second wave and the third wave of pull-up, and then complete the work of testing the previous resistance of 8500. As mentioned last night, the premise of the need is to stabilize above the 10-day moving average of 8150. There is no further fall at night. The next trend gave me enough confidence.
In the four-hour level, the Bollinger Bands have not been fully opened. The overall trend is currently only upward, and it has come to the upper track of the Bollinger Bands for shock consolidation. It can be judged that there will be a second round or even a third round of upward movement. MACD is near the zero axis. It is running upwards and trying to stabilize completely. Below it, the MA5 moving average crosses the MA60 moving average above 8100 to form a new support. The short-term trend has a further upward trend. The trend in the hourly chart goes to the middle and upper track of the Bollinger Band for consolidation. If the trend can go up again and break through In the area around 8400, there will be signs of a sharp rise in the short term, and it will further test to above 8500. The operation is recommended to pull back more, and focus on 8100 and 7800 for support. The target of long-term exit can pay attention to the key resistance position of 8400. Strictly set stop loss and stop during operation surplus.
ETH has a high probability of testing the recent high above 185 again today, and currently maintains a narrow range around 180. The daily trend is in an upward trend. The recent trend is constantly trying to stabilize the 170 and 173 lines. The bulls will be here Support is formed, and the upper resistance is focused on the 185 line. In terms of operation, try to pull back and follow up with multiple orders. Today, you can follow up with multiple orders around 178 to around 185 and prepare to leave the market. Control positions and set stop loss and profit. 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.
