Analysis of BTC and ETH: Does the appearance of the inverted V shape indicate that the future market of Bitcoin must fall?
Yitian said [BTC market review]
With a strong rise in the early morning of the day before yesterday, it reached the highest point of the 9786 line, and then it has been consolidating around the 9640 line in the white market. It fell and reached the daily low of 9205 at 11:00 p.m.; at present, the BTC market has rebounded slightly, consolidating around 9280, and returning to the consolidation area of last week; All the gains were swallowed up, and the inverted V shape was stepped out!
Yitian said [BTC/USDT market analysis]
Yitian said [BTC/USDT market analysis]
Looking at the 4-hour chart again, the BTC market will return to where it rose from. It can be seen from the figure that it has stepped out of an inverted V shape; the middle track of BOLL is flat from the top, and the BOLL channel is still open; The MA5 and MA10 moving averages have hooked downwards, the BOLL middle track and the MA30 moving averages have flattened and the white MA10 moving averages meet near 9460; the KDJ indicator below has flattened downwards, and may continue to form as the current consolidation period passes The sign of the golden cross, the energy indicator MACD fast and slow line is dead fork downward, the short energy is fully released, and there is no shrinking trend. Based on comprehensive analysis, Yitian (aphz8705) believes that BTC’s daily consolidation at the 9250 line will first follow the KDJ index. Upside!
Yitian said [BTC/USDT operation suggestions]
Yitian said [BTC/USDT operation suggestions]
2. When BTC falls back to the 9000 mark, you can enter the market to buy more orders, stop loss below 8850, and target 9200-9300;
Yitian said [Interpretation of the latest market price of ETH]
A few days ago, the big rise was still talking about hitting a new high, but now it has returned to the original point. This roller coaster market is really going more and more without a trace! Friends who make orders need such a market, but friends who cut their meat in time may cry to death!
A few days ago, the big rise was still talking about hitting a new high, but now it has returned to the original point. This roller coaster market is really going more and more without a trace! Friends who make orders need such a market, but friends who cut their meat in time may cry to death!
Yitian said 【ETH/USDT market analysis】
Yitian said 【ETH/USDT market analysis】
Looking at the 4-hour chart, the opening of the BOLL channel has flattened upwards, the yellow MA5 moving average and the white MA10 moving average hooked downwards to suppress the market, the BOLL middle track and the green MA30 moving average have gradually leveled off, and the current market has reached the lower track of BOLL The support point; the dead cross signal of the KDJ indicator below has flattened, and it has once again formed a sign of a golden cross; the energy indicator MACD fast and slow line is still running downwards with a dead cross, and the short energy continues to be released; on the whole, Yitian (aphz8705) believes that There will be a wave of rebound in Ethereum next, and the upper pressure level should focus on the middle rail pressure level around the 238 line!
Yitian said [ETH/USDT operation suggestions]
Yitian said [ETH/USDT operation suggestions]
1. It is recommended to enter the market with an empty order if the Ethereum rushes up to the 237-239 area, with a stop loss above 242, and the target first looks at 227-225;
