The market is gradually coming to an end. In what direction will the market be deployed in the later stage?
A hard life gives us tenacity. The process of becoming tenacious is long, accumulating over time, and has a very high fault tolerance rate. When problems arise, we can slowly solve them.
However, in trading, the error tolerance rate is very low. Once a mistake occurs, there will be results within the same day or within an hour. Profit or loss can be seen immediately, just like the last goal of the NBA Finals tiebreaker, if you score, you win, if you don’t score, you lose!
Today's market analysis:
Today's market analysis:
If the market breaks through 9180 and cannot be stepped on, take advantage of the trend to go long, with a stop loss of 9100 and a stop profit of around 9300.
If the market breaks through 9180 and cannot be stepped on, take advantage of the trend to go long, with a stop loss of 9100 and a stop profit of around 9300.
If the market breaks through 9050, the callback will not be able to go short, and the stop loss will be around 9130, and the stop profit will be around 8900.
BCH as a whole said that it fluctuates up and down to choose a trend. After following the rise of Bitcoin, the one-hour Bollinger Band of ETH has opened, but it has fallen back after receiving the pressure level of 226.20. The current market is still in the four-hour range. It is a downward state. It is worth noting that it has broken above the middle rail of the Bollinger Band and is now suppressed by the 30-day moving average. The market rebound is still relatively weak on the daily line. If the market can stand at this position and break through the upward pressure 226.20 position, then the market will further improve.
If the market breaks through 226.20, you can't step down and go long with the trend, stop loss at 224, and take profit around 231.7.
If the market breaks through 219.48 and cannot pull back, go short with the trend, stop loss at 222, and take profit around 214.
ETH clearly reached the lower edge of the channel in the 15-minute downward channel and then began to rebound, forming a bottom near the bottom of 232. The market is expected to rise to around 237, and then start to decline. Both the 30-minute and 1-hour Bollinger bands opened, and another hour KDJ once again formed a golden cross in the overbought area, so the bulls in the market are still relatively strong. On the daily line, the market is now rushing above the middle rail of the Bollinger Band, but the macd is in a dead cross state, and it has turned into a golden cross in four hours. Let's see how strong the four hours can be. If we can stand firmly above the middle track of the Bollinger Band in the later stage, then we will actively enter the space, but at the position of 240, we should pay attention to it.
The market rushes up to 237.20 and cannot be stepped back, so go long with the trend, stop loss at 235.50, take profit around 241.5,
If the market breaks through 230.18 and cannot pull back, take advantage of the trend to go short, stop loss at 232.60, and take profit around 244.40.
