The market has returned to the inside of the channel, will it start to rise later?
Market review:
We clearly mentioned in yesterday’s market analysis that BCH has not yet reached the lower edge of the upward channel, and the market is likely to drop upwards and then start to smash the market. You can review it and congratulate you again for making a lot of profits.
Today's market analysis:
Today's market analysis:
Bitcoin first looked at the 15-minute chart. The market broke through the upward channel of the range at 9 o'clock yesterday, and then began to fall a little. It has come down, but at present, although the market has returned to the inside of the channel here, the long and short positions are in a game. From the perspective of four hours, the Bollinger Bands open upward, the middle track and the moving average are also upward, and the MACD is in a golden cross state. Today may be In the four-hour closing line, there will be a wave of action. Everyone pay attention to the pressure on the break position and enter the market decisively.
If the market breaks through 9320, you can’t step on it, go long with the trend, stop loss at 9260, take profit around 9400, if you break through strongly, you will see 9480.
If the market breaks through 9240, it will not be able to pull back, so take advantage of the trend to go short, stop loss at 9280, and take profit around 9160.
From the perspective of BCH in four hours, the market went down yesterday just hit the lower edge of the upward channel we have been talking about, and then started to go up. At present, the market has rushed above the middle rail of the Bollinger Bands, but the Bollinger Bands are in a parallel trend as a whole, but If you can open your mouth, there will be a wave of optimistic market, and with the macd wanting to cooperate with the golden cross, we seize the opportunity, but we are also careful about changing the market today and setting a good stop loss.
If the market breaks through 239.40, you can't step down and go long with the trend, stop loss at 238, and take profit around 243.
If the market breaks through 236, the pullback will not be able to go short, stop loss at 237.20, and take profit around 233
As far as ETH is concerned, the market is a bit strong, and it has not reached the lower edge of the upward channel that we said, but the strength of the upward exploration is relatively strong, but it also encountered the upper support and began to fall back. The current increase is relatively Other currencies also have the upper hand. In one hour and four hours, KDJ has entered the overbought area. If it starts to go up unilaterally, then we have to reflect on the market and start to adapt to the market. MACD is currently in a golden cross state, and the four-hour Bollinger Band is opening , all the moving averages also extend upwards. If the position is broken, we will also enter the market decisively, but at the same time bring a good stop loss and beware of pins.
If the market breaks through 245 and cannot be stepped on, take advantage of the trend to go long, with a stop loss of 243 and a stop profit of around 250.
