Bitcoin Dragon Boat Festival surprises a waterfall, friends who are long and single, are you okay now?
Market review
From the early morning of the day to after the market rebounded from the 9200 position, although the price went up, the strength gradually weakened and did not return to the top of 9400. The high point touched around the 9350 position, and the market fluctuated downward. Then after Bitcoin opened at 11:00, the price further tested downwards, breaking through the previous attention support at 9170, and the bearish sentiment continued its downward trend, reaching a low point below 9100 and touching 9011. The current price is fluctuating around 9180.
market analysis
From the 4-hour chart, the BTC market will return to where it rose from. It can be seen from the figure that it has stepped out of an inverted V shape; The MA10 moving average has hooked downwards, the BOLL middle track and the MA30 moving average have flattened, and the white MA10 moving average converges around 9460; the KDJ indicator below has flattened downwards, and may continue to form a golden cross as the current consolidation period passes Signs, the energy indicator MACD fast and slow line is dead fork downward, the short energy is fully released, and there is no trend of shrinking. Comprehensive analysis, Xiao Hei believes that there will be a wave of rebound in the 9250 line during the intraday consolidation.
Action suggestion
Action suggestion
Near 9000, do long stop loss 8850, target 9200-9300
(The market changes in real time, and there is a delay in the review of the post. The content of the article is for reference only and should not be used as a basis for making orders)
