OKEx Investment Research: 9550 short-term key support is broken, and the strength of bulls is lower than expected
BTC/USDT Perpetual Contract
The nature of each level: daily line - consolidation, 4 hours - consolidation, 1 hour - consolidation
The screenshot is from the 1-hour chart of the OKEX BTC/USDT perpetual contract: For the market, there are two perspectives, one is the objective trend status and the coping strategies formulated according to the objective trend, and the other is the subjective prediction based on experience. Actual trading is mainly based on coping strategies under objective trends. Subjective forecasting is more of a prospect or entertainment for future development. It cannot be used directly as a trading strategy. The main purpose is to prepare psychologically for potential risks and opportunities in advance .
BTC/USDT Perpetual Contract
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The nature of each level: daily line - consolidation, 4 hours - consolidation, 1 hour - consolidation
The screenshot is from the 1-hour chart of the OKEX BTC/USDT perpetual contract: For the market, there are two perspectives, one is the objective trend status and the coping strategies formulated according to the objective trend, and the other is the subjective prediction based on experience. Actual trading is mainly based on coping strategies under objective trends. Subjective forecasting is more of a prospect or entertainment for future development. It cannot be used directly as a trading strategy. The main purpose is to prepare psychologically for potential risks and opportunities in advance .
According to common sense, if the main funds of many parties want to continue to do more, various adjustments and washing actions will be inevitable, but the probability of increasing the amount to break the key support level is still small. Therefore, after encountering such a situation where the trend is seriously lower than expected, the first thing that comes to mind should be to "save your life" and not be afraid of selling wrong. If it is found later that it is a trap (that is, the key support is pulled back shortly after the key support is broken), it is not too late to buy it back, even though the cost may be a few points higher than before, but there is more certainty.
resistance and support
For the current trend, how to judge whether there will be a "lure" in the later period is simply given as a reference standard. For those who are more aggressive in their operation style, they can look at the 1-hour chart. If the currency price (closing price) soon stands at 9550, You can regard this breakout as a false breakout, that is, to treat the breakout. For those with a more stable operation style, then look at the 4-hour chart, and use the same standard to judge whether it is a trap. If it meets the above-mentioned air-inducing criteria, it is a new entry signal, and the stop loss can be set at the intraday low.
Resistance: 9550--9700--10100
ETH/USDT Perpetual Contract
The nature of each level: daily line - consolidation, 4 hours - consolidation, 1 hour - rise
Support: 9400--9250--8600
ETH/USDT Perpetual Contract
The nature of each level: daily line - consolidation, 4 hours - consolidation, 1 hour - rise
resistance and support
The screenshot is from the 1-hour chart of OKEX ETH/USDT perpetual contract: the current objective trend and coping strategies: ETH’s short-term market structure is easier to analyze than BTC, and it is easier to predict short-term risks in advance. This afternoon, when communicating in the group, it also clearly pointed out the risk of short-term adjustments. One of the reasons is that the rise quickly touched the important resistance of the 250-line. It deviates from the MACD top.
resistance and support
EOS/USDT Perpetual Contract
Resistance: 245--250--260
Support: 240--236--229
EOS/USDT Perpetual Contract
The nature of each level: daily line - down, 4 hours - consolidation, 1 hour - consolidation
resistance and support
The screenshot is from the 2-hour chart of OKEX EOS/USDT perpetual contract: the current objective trend and coping strategies: EOS has once again interpreted the motto "the strong will always be strong, and the weak will always be weak". When BTC and ETH came out of a strong rebound, they slowly and calmly, but no one was convinced when they fell. For this kind of "character" currency, the idea of comparison is not to look at it when the market is strong, and to short it when the market is weak.
For the next trend, continue to focus on the support area around 2.4 and the resistance area around 2.6. The resistance area is mainly selling high, the support area is mainly buying low, and the middle part is more bearish and less moving.
Subjective expectations (for entertainment only): It is estimated that the currency price is expected to test the support near 2.4 in the next few days, and may rebound after a small break to continue this shock mode. This paragraph is not intended as a trading strategy reference.
