The shock pattern is difficult to break, and the BTC long-short battle is evolving stalemate
The trend of BTC fell into a volatile and stalemate trend last night. Although the bears have been under pressure, the bulls still maintain the price around 9200. With the heavy volume testing in the early morning to around the support line of 9100, they encountered a rebound from the support of the bulls, and the trend began to counterattack upwards. However, the short-term kinetic energy is lacking. After forming a strong counterattack, the trend remains stalemate around 9200. The hourly Bollinger Bands are closed, the running space of the trend is reduced, and the short-term energy shrinks. The shock stalemate is likely to continue. The hourly trend shows signs of Lianyang. If the follow-up trend runs above 9250, then the rebound posture will continue to rise. At noon, BTC will try to break through the 9300 strong-weak dividing line.
In the daily chart, BTC continues its downward trend and hits the bottom support area to form a rebound. The current price is adjusted around the 10-day moving average, but is still under the pressure of the upper 5-day moving average. , the recent BTC trend has been adjusted within the shock range for many days, and has not been able to form a strong breakthrough posture, resulting in a weakened market buying effect, thus reducing trading volume, and sentiment is not easy to be optimistic. The attached indicator MACD has already reached above the 0 axis It is flat, and the situation is still tending to adjust its posture. The STOCH indicator is running below the 50 level, and the RSI indicator is leveling around the 50 level. The follow-up is likely to form a downward trend of shocks. The current rebound is still relatively weak. Once it cannot break through the 5-day moving average in the short term Resistance area, then when the market’s short-seller sentiment strengthens, the trend is likely to be further tested downwards. The operation suggests that the rebound should be mainly followed by the short, and the callback should be supplemented by the long. Follow up the short order around 9300-9350 and see around 9100. Pay attention to the support below 9000 line. In the short term, it is expected to continue the rebound and upside posture, but before an effective breakthrough is formed, it may still trigger a downward trend at any time. Therefore, it is recommended that everyone follow the short at high positions. There are signs of a rebound in four hours. If you can reach a high position at noon, you can grasp it An opportunity to follow up at a high level, and enter the market in time for effective returns.
ETH is also in a downward upward trend. It rebounded from the support of the 10-day moving average and moved towards the 5-day moving average. The trend has entered a volatile and stalemate operating range. The amount of market funds is decreasing. However, judging from yesterday's large volume stance, short-term resistance has already formed. If there is no strong capital to join in and ignite the rebound trend, there is still a risk of continued downward trend in the follow-up trend. The RSI indicator has flattened, and the follow-up trend will enter In the oscillating rhythm, the STOCH indicator runs downwards, focusing on the second key support line of defense, the 10-day moving average at 184. Once broken, it is likely to continue downward to 184. The operation is recommended to be high and low. Today, it can be at 188-190 Follow up the empty order to see the 184-180 area, pay attention to the upper resistance of 190, and the lower support of 180.
The situation of LTC is similar to that of ETH, but the lower support is more favorable. The 10-day moving average and the 60-day moving average form a support at 60. The risk of subsequent downward adjustments will also be weakened. The situation has entered a turbulent rhythm, and the RSI indicator has risen Upward posture, then after stabilizing in the 60 area today, it is expected to return to the rhythm of rebounding upwards. The operation recommends high altitudes and low orders.
