OKEx Investment Research: Weak currencies generally show signs of strengthening in the early stage, pay attention to the short-term style conversion of the market

BTC/USDT Perpetual Contract

The nature of each level: daily line - consolidation, 4 hours - consolidation, 1 hour - consolidation (more 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 .

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BTC/USDT Perpetual Contract

The nature of each level: daily line - consolidation, 4 hours - consolidation, 1 hour - consolidation (more 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 .

Current objective trends and coping strategies: Last night, the currency price was adjusted to the lowest level of 9208 and then stopped falling and rebounded. Yesterday, we reminded that the support level for short-term attention is in the 9200 area. The judgment given is that the probability of falling below this price area is small, and it is expected to stop Falling back up, from the actual trend point of view is more suitable.

If you hold long orders in your hands at this time, you must set a protective stop loss. You can refer to the 9150-9200 range. It is not recommended to open new long positions. What if you have a short position in your hand? You can also wait and see, you can consider setting the stop loss above 9400.

resistance and support

For friends who are waiting for opportunities, it is recommended to focus on two trading signals that the market may send: 1. The price continues to rebound, and there is an obvious stagflation phenomenon in the 9500-9600 range (for example, a long upper shadow line in the 1-hour chart) can be considered Open rallies. 2. When the price obviously falls below 9200, you can also consider playing empty orders with small positions.

Resistance: 9400--9600--9800

ETH/USDT Perpetual Contract

The nature of each level: daily line - consolidation, 4 hours - consolidation, 1 hour - rise

Support: 9200--8900--8600

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ETH/USDT Perpetual Contract

The screenshot is from the 1-hour chart of the OKEX ETH/USDT perpetual contract: the current objective trend and coping strategies: Judging from the current trend, the trend is more in line with yesterday's analysis. The 235 support suggested yesterday played a perfect supporting role. After the currency price stopped falling, it appeared to be blocked near the previous high, and it was short of adjusting downwards and falling below the 235 support. If this is the so-called "God's prediction" ".

resistance and support

Just kidding, it’s all about probability, we can only find ways to increase the probability of correct judgment, but no matter how high it is, it is impossible to absolutely avoid mistakes, so I emphasize the most on risk control, risk control and risk control.

Resistance: 241--250--255

EOS/USDT Perpetual Contract

The nature of each level: daily line - down, 4 hours - down, 1 hour - up

Support: 235--229--223

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EOS/USDT Perpetual Contract

Judging from the comparison of the current trend structure, EOS is stronger than BTC. As long as BTC does not experience a sharp drop, EOS has a higher probability of continuing to lead BTC. It is recommended to still focus on the 2.53 first-line support level, and do not easily go short before it falls below, so as to prevent short-term "demons". Those who hold long orders can consider setting a protective stop loss below 2.53, and those who do not hold them should not blindly think that they must go crazy and chase the rise.

resistance and support

Resistance: 2.70--2.80--2.85

Recently, some mainstream and sub-mainstream currencies that have performed significantly weaker than BTC in the early stage have performed significantly better than BTC. Short-term style conversion, don't be blindly short-selling such currencies after solidifying your thinking.

Subjective expectations (for entertainment only): Yesterday’s expectations are currently in line with half, 2.53 may be difficult to break below in the short term, and it is expected to continue to rise to test the 2.7-2.8 resistance zone. This paragraph is not intended as a trading strategy reference.