BTC bulls are at every step, ready to go
The price of Bitcoin continued to fluctuate. Last night, the price went up briefly and touched the position of 9372. Afterwards, it was weak, and the price fell back. After the current price has stabilized above 9200, it will continue to test upwards in the short term, and an upward breakthrough may become possible.
At the daily line level, the price ended with a positive line yesterday, and the possibility of the price rising after standing on the 5-day moving average is increasing. However, the current overall trend is still volatile, and it still takes time to accumulate momentum for the price to complete a breakthrough, and the current trend of the 5-day moving average has flattened out. In terms of indicators in the attached figure, MACD is still maintaining a tepid upward posture, and RSI and Stoch are consolidating sideways above the 50 level. The price is expected to continue to fluctuate within the day.
Looking at the 4-hour chart, after the price went up last night, it is currently constantly testing the suppression of the upper track of the Bollinger Bands, but it seems unable to complete the breakthrough. The price is expected to continue hovering around the 9300 line in search of opportunities. The trend of the Bollinger Bands is currently showing an opening posture, and the drop in the morning also stopped after touching the 5-day moving average. The 5-day moving average is currently maintaining an upward posture. On the hourly chart, the price went up briefly last night and broke through the upper track of the Bollinger Bands and then returned to the Bollinger Bands again. At present, the price remains oscillating between the upper and middle tracks of the Bollinger Bands, and the 5-day moving average is flat around 9300. Short-term price suppression. Overall, prices will remain volatile in the short term. But as long as the price remains above 9200, it is still expected to continue to attack. In terms of intraday operation, it is recommended that the low and high prices in the range should be the main trend, and the high altitude should be supplemented. The upper part focuses on the suppression of the 9300-9380-9500 position, and the lower part focuses on the support of the 9200-9050 position.
In terms of ETH, it can be seen from the four-hour level chart that both the MA5 moving average and the MA10 moving average are showing an upward trend, stabilizing the previous support position of 180 US dollars, and the trend stopped falling and rebounded at the 182 line of the Bollinger belt middle track, launching a test on the upper track of the Bollinger belt , the price returned to run in the middle and upper track area of the Bollinger Bands, forming a high level order, the MACD fast and slow line came above the zero axis, waiting for the bulls to strengthen further, there is still an opportunity to continue to rise, and the RSI indicator also began to rise. The trend in the hourly chart fell back at night and did not further break the lower support. The MA30 and MA60 moving averages extended upwards. At present, it can be seen that the upward energy of ETH has been strengthened. Now the short-term trend of ETH price is slightly stable. Under the influence of the big rhythm of BTC, it is still recommended to operate Mainly call back long orders, enter 183, take profit near 188, and pay attention to controlling positions and setting stop loss and take profit.
