Bitcoin 10.9 midday review
The BTC market has continued to fluctuate so far yesterday evening, with long and short intertwined at the 8180 line, and short-term traders have some profits in both long and short positions. The market sentiment has turned down again, the buying sentiment is not high, the situation is stalemate, the volume can be reduced, the hourly Bollinger Bands are closed, the trend has a tendency to further fluctuate, the range continues to shrink, and the long-short battle will also enter a fierce battle. The trend breaks through the suppression of the interval, and the trend will show an explosive posture. The whole is still maintained in the downward channel. If it can be suppressed this time, the short market may usher in another outbreak.
This morning is another sharp rise in the market, and the market is also operating more regularly. Generally, there is nothing good about a sharp rise in the morning, so the probability of a bearish market within the day will greatly increase. In the short term, the highest rise this time only touched the 8320 line. Observing the market, it is not difficult to see that the high point position of each rebound is being lowered, so this also increases the probability of breaking through each fall. Suggestions for operation: near 8250, the target of entering the market with an empty order is 8050, and the target is 7900-7800, and the stop loss is 8400.
ETH daily trend chart The day before yesterday, a large positive line was collected yesterday, and a positive cross star was collected yesterday. In fact, it represents the strong momentum of the bulls. We can see from the chart that the market has stabilized above the moving average. Every time it falls, you are long. Opportunity, but the suppression of the moving average is still at 185, which is also the point where we placed an empty position the day before yesterday. Therefore, the layout is short at a double-top position close to 185. The trend of the high-altitude daily line supports around 176, so bargain hunting is also a long market.
The double-top 185 suppression on the ETH hourly trend chart in the early stage is obviously that the boll belt has not yet opened. In fact, the mainstream currencies in the market are consolidating and waiting for the market to explode. So I think it is best to wait and see this kind of market, but from a technical point of view it must be Go short near the pressure point, so short near 185. To be precise, you can go short above 180. I am optimistic about the market. If you go to a point like 175-173 and then kill more, the profit will come out at once. Therefore, the intraday ETH operation strategy is as follows
ETH operation strategy: 1. Just above 181-183 direct empty target 177-175-173 stop loss 185 2. Fall back to 173-175 interval layout long order target 180-182 stop loss 170 below this long order entry if the conditions are ok Get 185 points and see the ultimate goal of 200 points
LTC maintains an upward posture, but the market volume can be sluggish, and the situation is stalemate. Although the upward will is strong, if it cannot break through the suppression of the 60 position of the middle track of the Bollinger Band, the shock adjustment will continue; the attached indicators remain upward, and the overall situation is still biased On the upside, if there is any improper operation, please contact the author (ZB999810). The operation is recommended to be long and short, supplemented by short orders. The upper resistance is 58-60, and the lower support is 55-52.
