Market bulls are weak, can it fall again in the later period?
Today's market analysis:
Today's market analysis:
Bitcoin started a wave of short-wave rises today, and then fell in shocks, but fell to 9090 to bottom out, but the short energy was not enough, and then rebounded strongly. It can be seen that there are a small number of pending orders in this position, but the bullish sentiment is not It is not optimistic. The market at the position of 9300 has been tested many times today but has not been successful. If it can stand above 9300 in the later stage, more orders will enter the market. The Bollinger Bands will open downward in one hour. The overall trend is still dominated by empty orders.
The market rushed up to 9300 and stepped back to stand firm, taking advantage of the trend to enter the market with more orders, stop loss at 9230, and take profit around 9400.
If the market breaks 9080, the callback cannot be made, so enter the market with an empty order, take profit around 8970, and stop loss at 9170.
The trend of BCH is slightly different from that of Bitcoin. It rose slightly in the early morning and then fluctuated all the way down. However, after bottoming out, the market rebounded strongly, but there was no obvious bullish sentiment. The 15-minute Bollinger Band continued to be short. In the trend, the short energy is released strongly, but the bulls have not increased significantly. Now the market is at the bottom of the range. If it cannot be effectively broken down, the market will go up here.
The market breaks through 232.50 and cannot be stepped on. Take advantage of the trend to enter the market with more orders, stop loss at 231.60, and take profit around 234.
If the market breaks through 229, the callback will fail, and enter the market with an empty order, with a stop loss of 230.20 and a stop profit of around 227.40.
The trend of ETH is the same as that of BCH, but in terms of the trend of ETH, there is still room for decline, but the bottom support is still relatively strong. If the support level cannot be effectively supported, the market will continue to fall. The Bollinger Bands on the daily line have not opened, so we need to pay attention to the bottom support in the past few days. Once the position is broken, there should be a wave of good market.
The market rushes up to 233.90 and cannot be stepped back, so take advantage of the trend to go long, stop loss at 232.50, and take profit around 236.
