The "golden hoop" of Bitcoin and Ethereum appeared in the morning. Will it return to the right track after sweeping up and down?
Yi Tian said 【Market Summary】
After the opening of the market today, BTC has been consolidating around 9710. At 7:00 in the morning, it started to rise wildly. The highest hit the 9875 line. Consolidation nearby; from the 30-minute chart, the K shape at 8 o'clock in the morning is a large solid negative column with long upper and lower shadow lines, resembling a "golden cudgel"; this "golden cudgel" goes up and down It runs through the BOLL channel, making the BOLL channel continue to go flat after opening, and the current market is consolidating below the BOLL middle rail (9710)!
Yitian said [BTC/USDT market analysis]
Yitian said [BTC/USDT market analysis]
From the 4-hour chart of BTC, the K-line has not been closed yet, but it is still in the form of a "golden cudgel". The top of this K-line runs through the pressure on the upper rail, and the bottom touches the support of the lower rail. At present, it is a negative line. However, the closing time has not yet come, and everything is still undecided. The current market is between the middle and upper rails, and the lower support is located at the middle rail (9677); the lower energy indicator MACD fast and slow line is still glued above the zero axis, and the bulls are weakly releasing their energy , On the whole, Yitian (aphz8705) believes that the BTC market during the day will continue to fluctuate in yesterday's range, and the overall operation can only be maintained at high altitudes and low volumes!
Yitian said 【ETH/USDT market analysis】
Yitian said 【ETH/USDT market analysis】
Looking at the 4-hour chart of ETH, this K-line has not yet been fully finalized, but it still shows a "golden cudgel" shape. Although the current market closing price has not yet been determined, it is still located on the upper track of the BOLL channel in the 4-hour chart. In the meantime, the lower support is located at the middle rail (242) of each moving average bonding; the lower energy indicator MACD fast and slow line is running above the zero axis, and although the energy of the bulls has been released, it is still very weak and almost non-existent; on the whole, Yitian (aphz8705) believes that ETH's daytime market will still maintain a range operation, the upper pressure is located at the upper rail (246.3), and the lower support is located at the lower rail (238.2)!
Looking at the hourly chart, after the "golden hoop" pattern, the market is still oscillating above the middle rail of the BOLL channel on the hourly chart, and the upper pressure line is at the yellow MA5 moving average. At present, it has begun to test repeatedly. Yitian believes that breaking through this pressure level There is no problem; the MACD fast and slow line of the energy indicator below is running near the golden cross above the zero axis, but at present the white fast line has hooked downwards and runs parallel to the red slow line, and the energy of bulls is gradually decreasing; comprehensive analysis, Yitian believes that ETH The daytime market is still to maintain the operation idea of high altitude and low multiple!
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This article is original by Yitianjia, please indicate the source when reprinting~
