OKEx Investment Research: Although the short-term trend is in a downtrend pattern, it is not appropriate to be overly bearish before 8500 breaks down
BTC/USDT Perpetual Contract
The nature of each level: daily line - consolidation, 4 hours - consolidation, 1 hour - down
The screenshot is from the 2-hour chart of the OKEX BTC/USDT perpetual contract: For the market, there are two angles, 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 - down
Resistance: 9250--9500--9700
resistance and support
Resistance: 9250--9500--9700
Support: 9040--8600--8100
ETH/USDT Perpetual Contract
The nature of each level: daily line - consolidation, 4 hours - consolidation, 1 hour - down
Support: 9040--8600--8100
ETH/USDT Perpetual Contract
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The nature of each level: daily line - consolidation, 4 hours - consolidation, 1 hour - down
The current short-term decline pattern has been continued. For this downward trend, 233 is still the most important position, which has the meaning of short-term strength and weakness. Before the price is clearly broken, the short-term operation will not change the main short thinking. However, because the key midline support line 217 has not yet been broken, and the current price distance is relatively close, don't blindly expect too much short-term downside.
resistance and support
If the key support of 217 is clearly broken (for example, in the 4-hour chart, you can see that the closing price of more than 3 K-lines is below it, and there is a phenomenon of enlarged trading volume), then the probability of the midline trend turning to short positions will be greatly increased. It is necessary to make a response plan in advance, and let anyone who comes from the southeast and northwest winds not refuse.
Resistance: 226--233--240
EOS/USDT Perpetual Contract
The nature of each level: daily line - down, 4 hours - down, 1 hour - down
Support: 217--205--197
EOS/USDT Perpetual Contract
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The screenshot is from the 1-hour chart of OKEX EOS/USDT perpetual contract: the current objective trend and coping strategies: the trend of EOS is also in line with the expectations of last night’s commentary.
resistance and support
At present, there are signs of a temporary stop in the short-term, but the short-term probability of another rapid rise like yesterday's sharp drop is very small. The strong rebound at that time was mainly in exchange for the sharp drop, but there is no such background now.
In the short-term trend, you can pay attention to the 2.29-2.4 area. The aggressive ones can sell high and buy low in this range with small positions, and the stable ones can mainly wait and see.
Subjective expectations (for entertainment only): It is estimated that the currency price will fluctuate and consolidate between 2.29-2.4 in the short term, and the probability of continuing to move downward after the consolidation is over is high. This paragraph is not intended as a trading strategy reference.
