BTC may go deep again, and the time for a rebound will appear
Today, BTC continues to fluctuate at a low level, and it is difficult to return to above 9200 again, but the short position has not yet been strengthened, and the trend remains above the 9000 mark. However, as the trend deepens, there has been a trend of falling again, and the support of the $9000 position Recently, it has been tested by short sellers many times, and it may be broken again in the future. In the hourly chart, there has just been a wave of attempts to suppress short sellers near the middle track of the Bollinger Bands. It reached the highest line of 9176 and then fell back again. It has not been able to stabilize the key point of upward movement. In the short term, bears are still dominant. Although there will be upside opportunities in the long term, there will be better opportunities for long-term layout in the future. You can place long-term orders after the short-term follow-up to around 9000, and pay attention to 9200 for the exit point On the first line, after stabilizing, the near-term resistance of 9400 can be tested again.
ETH continues to test the 180-line support today, but it can form a rebound here. At night, it reaches above the 184-line. Below, the long and short volumes are relatively weak. After the BTC has a downward trend, it may be driven back down. Therefore, it is not recommended to complete the follow-up of long orders above the 180 line. The four-hour support is only the lower rail of the Bollinger Band and MA60. Moving average, these two indicators will intersect in the evening, which will form a stronger long support defense, so Jiayong recommends that you wait for the trend to pull back to around $178 before making a multi-order layout. Take profit and pay attention to the current upward entry 184 around the dollar.
LTC has been oscillating more and more recently, with frequent pin insertions in the four-hour level, multiple cross star trends, and it is difficult to return to the top of the Bollinger Band middle track. At present, the short position has not yet intensified after falling back under pressure, and the trend has not yet appeared. There is a chance to support $57, but today's trend is also dominated by shocks and downtrends. As the shorts tend to strengthen during the shocks, there is a possibility of a further fall in the evening. It is recommended to follow up with long orders at today's key support of $57 and set them strictly Stop loss and take profit, the trend has a chance to rebound here and stabilize the position of 58.5 US dollars again, and launch an impact on the high of 60 US dollars. Whether it is the accumulation of income in the shock, or the expansion of income in the long-short heavy volume, Jiayong will bring you the most comprehensive analysis and suggestions to help you achieve ideal results in the end. Friends who want to get my instant guidance and advice can pay attention to the public No./Jiayong look at the currency circle.
