BTC continued to rebound upwards, but it still needs to be further sorted out if it has not broken through the key resistance
BTC broke out strongly yesterday, rising to the previous high resistance line of 9500, and then being blocked into an adjustment posture. The recent trend has been in the rhythm of shock adjustment, and the previous trend has further tested downward to the 9000 position. After failing to break through, the market sentiment turned from short to long. The price continues to rise, which leads to the formation of an outbreak, but it still fails to form an effective breakthrough during the upward attack process, resulting in the current trend still operating within the shock range. The hourly Bollinger Bands are closed, and the operating range will continue to shrink. Kong will enter the fierce battle again.
In the daily chart, yesterday’s trend was testing the previous high resistance area, which further boosted the short-term bull sentiment. The 5-day moving average crossed the 10-day moving average to form a golden cross, and the opening of the Bollinger Bands opened upwards, all of which have the possibility of further upward extension Trend, the pressure on the top of today's trend is increasing. After the trend breaks the 5-day moving average of 9300, it continues to fall to the 10-day moving average of 9250 to stop falling and form a rebound, pushing the price back above the 5-day moving average. The suppressed situation has deepened the short-term short-term sentiment. Today we need to focus on the first-line support of 9300. If the price can stabilize at this mark, it is expected to return and continue the upward trend. The attached indicator MACD is running above the 0 axis, and it has already shown a flat attitude , STOCH double-line intersects and sticks around the 50 horizontal line, the RSI indicator bows down, the follow-up trend has entered a volatile trend, and the lower support is being established. The operation is recommended to be high and low, pay attention to the upper resistance 9500-9600, and the lower support 9200-9250 . Follow up the long order at 9200-9300 to see the 9400-9500 area, grasp the operating profit in the high shock range, and leave the market in time after making a profit. If it remains above 9300 at night, you can see the continued upward breakthrough. Once the breakthrough continues to wait High exit opportunities.
ETH continued the upward trend today and continued to test upwards, which also allowed the opening of the Bollinger Bands to open upwards, but the breakthrough ability was not strong. After encountering resistance and suppression and breaking through 190, there was a downward adjustment trend. The 5-day moving average crossed the 10-day moving average to form a golden cross. A first-line support is formed at the 186 position, so once the follow-up trend stabilizes at this standard, the outbreak will also proceed soon. Whether the bulls can continue to maintain the offensive depends on the support near the 5-day moving average. The attached indicator MACD continues upward, and the STOCH indicator The 80 horizontal line intersects and sticks together, the RSI indicator moves downward, and the overall trend enters a volatile trend. The market still needs to be adjusted. The operation is recommended to be high and low. Follow up the short order around 190-192 to around 186, and pay attention to the bottom 184 -186, 193-195 above.
XRP formed a good explosive trend yesterday, continuing the previous day’s rebound and further breaking through. Today’s price is adjusted around 0.30, showing signs of being blocked. At present, the upper pressure is gradually strengthening, and the trend has entered a volatile and stalemate situation. The follow-up trend will also start around 0.30. When the trend completely stabilizes around 0.3, the upward rhythm will be further formed. The operation is recommended to be high and low, and pay attention to the top 0.31, 0.29 below.
A series of recent operations on BTC have been trending. The author also introduces to you in detail. Although the short-term shock rhythm has been at this mark, the overall trend has not yet gone out of the shock range. The author gives a low point of 9000-9100. Long-term Pay attention to the layout opportunities in this area, then the recent market can be better grasped, and at the same time, my friends who have been paying attention can also grasp the opportunity to leave the market at a high point. The key resistance area I mentioned to you is 9400- 9500 first line, regardless of leaving or the second follow-up after leaving, will be able to obtain the final benefits, and this operation plan will also be successfully completed.
