The amplitude of the shock is reduced, and the strategy is shared in the evening
The launch of the new currency FIL in the early hours of yesterday brought a wave of rise in Bitcoin. The highest point reached the line of 11620, and then fell back. Affected by the impact, Bitcoin once fell below 11200, fell by more than 400 points in the white market, and the lowest point was 11188. The lower support was tested for the second time. In the evening, there was a wave of callbacks to 11300 and oscillated above 11300. Today is still a volatile market.
Looking at the daily chart, at the daily level, the price of Bitcoin has been continuously negative, and the Bollinger Bands are still open. The currency price has started to fall from the upper track, and the shock is running near its upper track. There is a tendency to form a dead cross. From the perspective of moving average indicators, MA5 and MA10 form a cross, RSI indicators continue to flatten, and MACD’s upward momentum further shrinks. For the weekend market, we look at the market with weak shocks, and the range is temporarily concerned about 11180-11550.
Looking at the four-hour level, the Bollinger Bands are flat and downward, and the K-line runs on the lower track of the Bollinger Bands. In the short term, the upper part is suppressed at the middle track of the four-hour Bollinger Bands, and the lower support is at the MA60 daily moving average. According to the attached indicators, The MACD fast and slow line has been close to the zero axis, and continues to run in a golden cross, while the RSI and Stoc are still eccentrically oscillating. From the perspective of comprehensive technical structure, after the market fell sharply, it is currently in a period of shock and recuperation. In terms of market outlook, it is recommended to mainly short at high positions and supplemented by long at low positions.
10.17 Bitcoin operation suggestions:
1. Multiple orders enter the market at 11200-11230, and the target is 11300-11350;
2. 11400-11440 empty orders enter the market, and the target is 11300-11270.
From the perspective of the OK incident, it is undoubtedly a bad news. If it is only a personal relationship that does not involve the interests of the platform, the bullish trend will continue. If it involves the entire platform, then the highest point of this year will also stop in September. And the market outlook will break through the 10,000 mark again and it will be farther and farther away.
10.17 Ethereum market analysis
Affected by yesterday's news, Ethereum is no exception. Following the linkage of the big pie, the highest at the top reaches the 381 line. Yesterday's midday waterfall also fell to the lowest at 361, a drop of 20 points. It is currently fluctuating within a narrow range around 367.
According to the four-hour chart, the Bollinger track is in a downward channel as a whole, opening downward, and the currency price fluctuates all the way down along the lower track, and rebounds when it touches the lower track of Bollinger. From the perspective of technical indicators, ether has an upward adjustment demand. MA5 turns parallel, MACD short positions begin to shrink, and KDJ turns tend to adjust upward. Due to yesterday's excessive decline, we prevent bulls from covering part of the gap in the white market. The possibility of continued strength is unlikely, and the operation idea is still high and low many.
10.17 Ethereum operation suggestions:
1. 370-372 empty orders enter the market, and the target is 5-7 points;
2. 361-363 multi-order entry, the target is 5-7 points.
The above operation suggestions are for reference only, and the specific entry point is subject to the firm offer. Do a good job of risk control, no matter how good you are, you must take a good stop profit and stop loss.
