The short-term decline signal of Bitcoin and Ethereum appears, and it is safe to pay more attention to pocketing

特邀专栏作者

2020-09-20 19:14 (UTC+8)

This article is about 897 words, reading the full article takes about 2 minutes

If the shorts retrace and continue to go down, then the five-wave upward pattern we predicted before is still valid, and the long-term and long-term pending orders given below are also still valid.

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If the shorts retrace and continue to go down, then the five-wave upward pattern we predicted before is still valid, and the long-term and long-term pending orders given below are also still valid.

Let’s take a look at the current market. At the weekly level, we can see that last night’s sharp rise in the market directly broke through the downward intersection of MA5 and MA10. Wang Yuan mentioned in the article that if the short sellers cannot regain their lost ground in a short time, the market may turn directly into a bullish trend. It is obvious that the short sellers have not given up when the market dipped in the morning. The current support below can be seen 10830 of the MA5 moving average. Looking at the daily line, it may be clearer. The upper part is obviously under pressure from the MA60 moving average. The current market is running at the trading point of the MA5 and MA30 moving averages. Near the middle rail 10650, these two positions seem to be a bit far apart in recent days, but the previous article also said that if the shorts retreat and continue to go down, then the five-wave upward pattern we predicted before is still valid. The long-term and long-term pending orders given are still valid.

So whether the market will test downwards, the four-hour chart has actually given a very obvious but easily overlooked downward signal. The short recovery in the morning directly turned MACD into a golden cross that did not take long to form during the sharp rise last night. If the dead fork is formed with the head down, then we can see that after the formation of the dead fork, the upper K line and the lower indicators form a top divergence that we often refer to, but when the top divergence is just formed, it is often easily overlooked , top divergence, I believe everyone knows its meaning, the price is falsely high, and there is a risk of falling back, so today we need to pay great attention to the long orders in our operations. At present, the long orders entering the market around 10900 are recommended to make a profit of 60-100 points. It is possible to leave the field, and follow-up operations are mainly at high altitudes.

In terms of operation, it is recommended to establish short orders in batches above 11000-11100, the first target is 11850, the second target is 11750, the third target is 11650, and the stop loss is placed above 11200. Multiple orders can be opened in batches at 11650-11750, and the target is 100-150 points.

When referring to analysis strategies, please know in advance that margin contract trading is a high-risk, high-yield investment product, and any strategy is not foolproof. Immediate decision-making requires a certain market judgment ability and risk warning ability. Investment is risky. Be careful!