The market has reached the bottom of the channel, break the position and pay attention to the big empty

Today's market analysis:

Today's market analysis:

After Bitcoin fluctuated up to the position of 9300 today, it encountered a strong support and began to fall strongly. However, it also encountered the lower support of the range at 9180 and began to rebound. Judging from the four-hour range, the market has now reached the bottom of the upward channel In the later stage, we will see if we can break through the position of the lower edge of the interval. From the perspective of the one-hour interval, a rudimentary downward channel has been formed. In the later stage, we will see whether this downward channel can break through the four-hour downward support. If it cannot break through, the downward channel is just no pressure. It's just a pullback. Looking at the daily line, the energy of MACD is gradually decreasing, and KDJ is gradually trying to form a dead cross trend, so everyone rests in the support position.

If the market breaks through 9300 and cannot be stepped on, take advantage of the trend to go long, stop loss at 9240, and take profit around 9380.

If the market breaks through 9180, it will not be able to pull back, so take advantage of the trend to go short, stop loss at 9230, and take profit around 9100.

Relatively speaking, the trend of BCH is basically the same as that written in my previous article. After the four-hour reversal signal appeared, it began to decline, but within the four-hour upward channel, it has not yet reached the lower edge of the channel, so there is still a lot of room for BCH to fall in the later period. , Be careful of a sharp drop. From the perspective of kdj and macd, the indicators are all developing in a downward trend, and the energy is getting less and less. The daily line is even forming a dead cross in the overbought area of ​​kdj80. Pay attention to the downward force in the later stage.

If the market breaks through 240, you can't step down and go long with the trend, stop loss at 238.50, and take profit around 243.30.

The market breaks 236 and the callback cannot be made, so go short with the trend, stop loss at 237.20, take profit near 233.60

From the perspective of ETH, the market is a bit volatile and messy, but overall, within the four-hour upward channel, there is still a lot of room for decline, and the space is much larger than other currencies. Similarly, KDJ and MACD are also developing towards the empty trend , the daily line is also in the kdj80 overbought area to form a dead cross state, and there will be a wave of downward trend in the later period. The one-hour macd is already in a dead cross state, so everyone shorts at a high level.

If the market breaks through 235.40, it will not be able to pull back, so go short with the trend, stop loss at 237, and take profit around 231.