BTC bulls charge up to hit 8000, can the key point break through?

特邀专栏作者

2020-04-29 16:53 (UTC+8)

This article is about 556 words, reading the full article takes about 1 minutes

After a surge in Bitcoin at noon, the 5-day moving average and the 10-day moving average formed a golden cross, and the Bollinger Bands opened upwards. The price is now above the upper track of the Bollinger Bands. Although there is a slight correction,

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【Market review】

【Market review】

【Market analysis】

【Market analysis】

BTC：The 4-hour disk market fluctuates around the 8,000 mark, and the bulls are accumulating power. However, it will take time for the short-term market to break through this short-term top at one time. The MA5 and MA10 moving averages below will bring upward momentum to the market at the bottom, but it will not become a golden cross. Volatility is worth pondering. The lower 7800 is the short-term support of the market. Then the operation idea is that if the upper 8000 mark is not broken, you can enter the warehouse and place an empty order to see the target point of 7800. If the 4-hour disk MA5 moving average continues to rise, then the bulls will have momentum. over this resistance.

Suggested operation: 7850-7900-7950 to do long in batches, see 8000-8100-8200 for profit.

ETH：The current price of ether is around 205. Looking at the hourly trend, the Bollinger Channel is rising, and the K line is running in the middle and upper Bollinger range. There are two pins in the morning to test the pressure level of the Bollinger upper rail. At present, the moving averages are at The above K-line runs in a balanced manner, and the short-term trend will still be dominated by shocks and upward movements.

Suggestions for operation: go long around 202-204, see 210 for profit.