Still has the ability to rebound, BTC has a low-sucking opportunity

After the BTC traded sideways, there was an opportunity to test support again. After the fall in the afternoon, it finally stopped after reaching the lowest line of 8585, and then returned to the line of 8600 for finishing. Yesterday’s article has expressed the bullish view of the market outlook for everyone. Today, however, there was a downward trend again, and even briefly pierced the support of 8600, which once again caused a certain degree of market panic. However, it is worth noting that BTC had an upward trend to test the resistance of 8800 at night. It finally fell back, and the bulls have not yet fully exerted their strength, and there is still a chance for the trend to turn from yin to yang in the evening.

Although the hour-level Bollinger Bands have expanded due to the continuous fall, the four-hour Bollinger Bands are still in the closing stage. The MA30 moving average and the upper track of the Bollinger Bands continue to suppress around 8800, and the lower track shrinks to the 8660 line. If the fall does not break through 8600 and go to a lower position, it will be difficult to open up the downside space, and there will still be a chance for a rebound, but if it falls further below here, it will fall back to the daily line level Bollinger Bands lower track 8540 first-line test support Power, the current shock range of 8600-8800 has not changed, and the opportunity to buy low has appeared. It is recommended to enter the market in time, take profit at 8700, stop loss at 8550, and continue to refer to the range of 8600-8800 to sell high and buy low.

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 a downward trend, breaking through the previous support at $185, and the trend stopped falling at the line 184 below the Bollinger Bands and rebounded slightly. The price is still running in the Bollinger Bands In the middle and lower track area of ​​, forming a low level arrangement, the MACD fast and slow line is running at a low level, and it is still below the zero axis and cannot strengthen, and the RSI indicator has also fallen to the bottom. The drop in the hourly chart did not further break the lower support, and it is still at a low level. The short position can take a break and wait for a further outbreak. The downward extension of the MA30 and MA60 needs to be rebounded to change. The trend has reached the 185 position After the following, it was successfully defended by the support force. At present, it can be seen that the decline of ETH has eased. Although the short-term trend of ETH price is now slightly stable, there are many resistances above, and under the influence of the large rhythm of BTC's weak consolidation, it is recommended to rebound and short in operation. Enter 187, away from The market is near 184, and pay attention to controlling the position and setting stop loss and profit. 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.