OKEx Investment Research: The bullish sentiment is still there, pay attention to these dividing lines of strength and weakness

特邀专栏作者

2020-07-24 18:04 (UTC+8)

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Although the rising pattern and sentiment are there, don't be blindly optimistic. A general rise like ETH does not exist.

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Although the rising pattern and sentiment are there, don't be blindly optimistic. A general rise like ETH does not exist.

BTC/USDT Perpetual Contract

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

Current objective trends and coping strategies: Judging from the current trends, the subjective expectation judgment in yesterday’s evening review can be said to be relatively accurate. As expected, the currency price rose further after a slight consolidation at 9500, and the highest reached stagflation and fell back around 9670 , don't be too lucky~

It is recommended to continue to focus on the 9420 line, which still assumes the role of the short-term strength and weakness boundary. As long as the price does not appear to be significantly broken, it is mainly bullish. But don't expect too much short-term upside, the 9700-9800 area still has a strong resistance to the short-term trend.

resistance and support

Subjective expectations (for entertainment only): It is estimated that the currency price will mainly fluctuate around the range of 9450-9700 in the next two days. After the shock ends, it will break through upwards, but the probability of a sharp rise is low, or it may be blocked and fall back in the area around 9800. This paragraph is not intended as a trading strategy reference.

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ETH/USDT Perpetual Contract

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

ETH/USDT Perpetual Contract

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

The screenshot is from the 4-hour chart of OKEX ETH/USDT perpetual contract: the current objective trend and coping strategies: ETH’s continued strong performance in this wave was also in line with yesterday’s prediction, and we deliberately wrote our views in the title, strong Hengqiang is a high probability event.

It is recommended to focus on the first-line support of 260 (replacing yesterday's 256) in the next two days. It can be said that this price can be regarded as the short-term strength and weakness dividing line. ). The upper resistance focuses on the previous high 288 area. The probability of the first breakout forming an effective breakout is small, and it is prone to a trend of rising and falling. It is best not to blindly chase the rise after seeing a new high.

resistance and support

Subjective expectations (for entertainment only): It is estimated that the next two days will be dominated by shocks and upwards, and it is expected to break through the 288 high point slightly, and then usher in adjustments. This paragraph is not intended as a trading strategy reference.

Support: 266--260--250

EOS/USDT Perpetual Contract

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EOS/USDT Perpetual Contract

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

The trend structure of EOS is obviously weaker than that of BTC, let alone ETH. However, before BTC and ETH have not clearly weakened, it is difficult for EOS and the like to have a unilateral decline. It is more of this kind of shock pattern. It is recommended to focus on the 2.56-2.7 area in the next two days, and do not easily participate in long positions before standing above 2.7. Instead, you can consider shorting EOS when strong currencies such as BTC and ETH encounter strong resistance levels and stagflation. rate will be higher. For example, BTC fell back slightly when it was blocked at the 9700 line this time, while EOS fell by nearly 4%.

resistance and support

Subjective expectations (for entertainment only): It is estimated that the currency price will fluctuate mainly in the lower half of the 2.56-2.7 range in the next two days, and it is more likely to break through 2.56 for a short time, but the probability of a unilateral decline is small. This paragraph is not intended as a trading strategy reference.

resistance and support

Resistance: 2.64--2.70--2.80

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