OKEx Investment Research: It is still not easy to have a unilateral market at present, so avoid chasing ups and downs
BTC/USDT Perpetual Contract
The nature of each level: daily line - consolidation, 4 hours - consolidation, 1 hour - consolidation
The screenshot is from the 4-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
The nature of each level: daily line - consolidation, 4 hours - consolidation, 1 hour - consolidation
The screenshot is from the 4-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 .
The current objective trend and coping strategies: the current currency price continues the rebound in the early trading, and it has reached the short-term strength and weakness dividing line that we have emphasized many times recently, and there is an initial stagflation phenomenon, which is similar to what we said in the group in the early trading Pretty much as expected.
Judging from the current trend, there are signs of a mild increase in trading volume, and the short-term rebound is not likely to end soon. It is recommended to pay attention to the support of the 9130 line (replacing the 9020 mentioned in the early trading) in the short term. If the currency price will continue to rebound in the future, then there is a high probability that it will not clearly fall below 9130. On the contrary, if the price is clearly broken, it means This short-term rebound will come to an end. According to this, those who hold long orders in their hands can consider setting the stop loss around 9100 and continue to hold for rising, but don't expect too much follow-up upside, because the top is still facing suppression from the 60-day moving average.
resistance and support
For those who want to make short orders, it is recommended to pay attention to whether the price will break through 9250 in the future? How strong is it after breaking up? If the currency price continues to be blocked at the 9250 line and cannot break through, it means that the current wave of capital strength that created the current rebound market is average, or there is no willingness to continue to do more. This is one situation, and another situation is that the price is obviously suppressed by the 60-day moving average (near 9400) after breaking through 9250. After the above two situations occur, it can be regarded as a short signal.
Resistance: 9250--9500--9700
ETH/USDT Perpetual Contract
The nature of each level: daily line - consolidation, 4 hours - consolidation, 1 hour - consolidation
Support: 9100--8900--8600
ETH/USDT Perpetual Contract
The screenshot is from the 4-hour chart of OKEX ETH/USDT perpetual contract: the current objective trend and countermeasures: ETH continues to follow BTC, and its short-term performance is slightly stronger. From a medium-term perspective, the current pattern is in a state of turmoil, and the short-term trend shows signs of breaking away from the weak pattern.
resistance and support
From the perspective of volume-price coordination, the currency price has just briefly pierced against 233, and the trading volume has moderately enlarged, which is expected to continue in the short term. It is recommended to focus on the 229 line for the next short-term trend. As long as the adjustment does not break through this price, it is considered a benign adjustment, and you can continue to be bullish. For short-term resistance, focus on the 241 line. If the price is clearly broken, the short-term trend will likely fall into adjustment again, but as long as it does not break 217, it is considered benign for the midline pattern.
resistance and support
EOS/USDT Perpetual Contract
Resistance: 233--241--250
Support: 229--223--217
EOS/USDT Perpetual Contract
The screenshot is from the 4-hour chart of the OKEX EOS/USDT perpetual contract: The trend of EOS in the past two days is in line with our expectations of last Friday. Does it feel a little lucky? On Saturday, the highest currency price just rebounded to around 2.5, which we said, and then began to stagflate and fall back, and finally stopped above the 2.3 support.
resistance and support
At present, the currency price is once again showing signs of stagflation around 2.5. However, judging from the volume-price coordination of the short-term trend, it is expected to break through the resistance of 2.5 this time, but do not have too high expectations for further surges. It is recommended to focus on the 2.43 line for the next support level. As long as the adjustment does not fall below this price and continue to be optimistic about the short-term rebound, the upper resistance mainly focuses on the vicinity of 2.61. The probability of a short-term breakthrough of this price is very small.
Subjective expectations (for entertainment only): It is estimated that the currency price will continue to rebound in the short term, and it is expected to test the first-line resistance of 2.61, and then stagnate and fall. This paragraph is not intended as a trading strategy reference.
resistance and support
