The next condition for the BTC market to rise is to stabilize at 9600
Market review and market trend
1. BTC (Bitcoin)
Market review
1. BTC (Bitcoin)
Today's market trend
Market review
Bitcoin was blocked at 9500 in the morning yesterday, but after a wave of corrections, the price went up further, reaching a high of 9584, and the market entered a volatile rhythm. Although there was a new high in the evening, it was still blocked near the 9600 position. After several failures to hit the high point, the price near the closing line once again pulled back to the 9400 position.
Judging from the daily chart level of the current market, yesterday ended with a positive column with a long upper shadow, and the trend relied on an upward trend near the lower rail of the Bollinger Band. Judging from the one-hour market, the Bollinger Bands are currently showing a flattening trend pattern, and the market is also running near the middle and lower rails of the Bollinger Bands. The current market has stood above the five-day moving average.
Suggestions for today's operation
From a technical point of view, the MACD golden cross has continued to run for a long time, but the volume column shows signs of weakening, and both KDJ and RSI have a downward trend. In the short term, there may be a slight correction and then rise to the top.
On the whole, the current market has formed a certain support below the 10-day moving average, stood above the 5-day moving average, and formed a certain support below the 10-day moving average. The bulls have a slight advantage, but the upward strength is not enough. Focus on it in the day Can the market go up above 9500 and stand firmly on the 9500 line? If the market can stand firmly on the 9500 line, the subsequent upward trend will be a major trend. The failure to stand on the 9500 line within days and days shows that the upper pressure level is relatively strong, so there is a high probability that there will be a wave of market corrections in the night market, and the magnitude of the corrections should not be large. The upward movement of the market will not be smooth sailing. The operation is recommended to be low and high.
(2) Go into the air near 9550-9600, target near 9450-9400;
2. ETH (Ethereum)
Market review and trend
(3) Resistance at $9,600 and support at $9,300.
2. ETH (Ethereum)
The price of ether rose from 224 to around 235 yesterday. Against the strong pressure above, the blow failed to achieve a breakthrough, and it went out of a wave of callbacks. The current market is oscillating around 233. The price of ether has risen but failed to achieve a breakthrough, indicating that the overall bullish trend is insufficient. It stabilized above the 230 line in the morning and closed positive. From the market point of view, the trend is more volatile.
Suggestions for today's operation
From a technical point of view, MA5/MA10 is in the form of a golden cross in the short term to give some support to the currency price. In the attached indicators, MACD shows an upward trend of golden cross, the bullish energy column gradually increases in volume, the third line of KDJ forms a golden cross near 60, the J line shows signs of turning upwards, and RSI shows a flat posture above 50.
On the whole, the market is currently rebounding near the unfavorable middle rail, and the Bollinger Bands channel shows a parallel trend as a whole. In the short term, there should be more volatile markets. Although the KDJ indicator shows signs of abduction, the abduction is weak, indicating that the upward strength is not enough, and there should be a trend of stepping back in the short term. During the day, focus on whether the support around 230 is stable. The operation is recommended to be low and high.
(2) Enter the air near 232-233, the target is near 227-228
3. BCH (Prince)
Market review and trend
(3) The resistance level is $235 and the support level is $225
3. BCH (Prince)
The price of Prince Edward went up from 229 to around 238 yesterday, and then pulled back to around 236 and moved forward in a volatile manner. The overall trend was volatile. The daily line picked up and closed in the sun, and the center of gravity continued to move up and stabilize. This is a good signal.
Suggestions for today's operation
From a technical point of view, the MACD fast line and slow line move horizontally below the 0 axis, and the potential energy change is not obvious. The PSY psychological index returns to the 50 line, the market sentiment is stable, the RSI is fast bonding, and the overall ether technology is in a period of adjustment.
On the whole, if the market wants to continue to rise, it must stabilize the 235 line, which is also one of the necessary conditions for the rise. The operation within the day is recommended to be low and high.
Suggestions for today's operation
