Liu Hongjun: How to profit from volatile market?
Market analysis:
Market analysis:
Judging from the one-hour trend, the current price trend has been oscillating around the range of 58,600-59,180 US dollars. The hourly line has been hovering between the fast and slow line MA5 and MA10. The focus is on the support of the MA10 slow line. The market did not break below this range.
However, judging from the trend of MACD, the current volume is still continuously shrinking, and MACD is about to enter the form of a high-level dead cross. A dead cross does not necessarily lead to a good decline, because a high-level dead cross does not mean that the market has really reversed, so the key point is to pay attention to whether the next KDJ will show signs of rising.
At this time, once the KDJ shows signs of rising, the dead fork of MACD may end the dead fork downward in advance near the zero axis and enter a reversal. The premise here is that there is a fund to stimulate the market upward, or a wave of big good news The face stimulated the market to reverse.
From the 4-hour trend, we can see that the current trend of the Bollinger Bands has not changed. After closing at 4:00 p.m. It is mainly at high altitudes, so for the time being, the Red Army personally does not recommend everyone to buy bottoms.
So this afternoon before the line is closed in 4 hours, we are still optimistic that the high altitude can be considered to enter the market at any position above 59,000, and the target can be seen at 58,500-58,000-57,500 US dollars.
Red Army summary:
The above are suggestions based on recent news and technical indicators. There are not many opportunities to solve the problem, so everyone should take good care of it. It is recommended for all investors and friends to refer to. If the operation is not smooth, the entry and exit points are not ideal, and friends who have been ordered or do not understand my ideas very well or friends who enter the field are not ideal, you can follow Liu Hongjun’s micro-blog and official account of the same name and send me private messages for communication. Friends with strong opinions are also welcome to discuss the market with me!
Text/Liu Hongjun
Written on March 18, 2021
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