Bitcoin and Ethereum opened strongly and once again fell into a high consolidation repair

The shortest distance from the eye to the screen, and the furthest distance from the confidence to the execution. Don't let transactions be controlled by the past. The present determines your future. When your judgment is still different from the market trend, you need to be calm and wait, when your actions can't control your trades you have to be calm and follow.

Forbes

[Bitcoin market analysis]

On a daily level, Bitcoin closed yesterday's positive line. After breaking the MA5 moving average support, the currency price fell to the top of MA10, but failed to break out. after MA5 breaks, watch the MA10 support. The situation did not disappoint us. The currency price rebounded after the low reached 29901, which is the MA10 position. However, on that day, we should pay attention to the MA5 and MA10 supports first, and not blindly chase the bulls.

Cryptocoin Spy

At the four-hour level, the Bollinger Band is showing signs of opening. Short-term upward pressure is still above the Bollinger Band, and lower short-term support is at the MA5 moving average, followed by 0.786 Fibonacci Retracement, but needs to pay attention 0.618 That is, a strong support situation at the 30,000 mark. From MACD's fast and slow lines the golden cross has formed an uptrend. The short energy column has not changed to a long position but shows signs of continuing to increase volume. The RSI indicator has a link to move downwards, but it still has. In terms of callback needs, callback operations are still the main trend, long and short needs to control risk and exercise reasonable control in accordance with their respective positions.

Cryptocoin Spy

[Bitcoin operating strategy]

1. It is recommended to enter the market in batches with empty orders near 34300-34200, the first take-profit point near 33800-33700, the second take-profit point near 33600-33500, and a break near 33000;

2. It is recommended to enter the market in batches near 33400-33500. The first take-profit point is near 33900-34000, the second take-profit is near 34100-34200, and a break is near 34500.

(The above operating suggestions are for reference only. The analysis has a certain timeliness, and the posting has a certain delay. The specifications are also subject to real-time market conditions. Please bring your own stop loss yourself!)

[Ethereum market analysis]

On a daily level, Ethereum followed Bitcoin yesterday and also closed its positive line. However, it is still running on the upper rail of the Bollinger Bands and has not broken the upper rail support. Then watch for the support of this position in the day. Again, such risks, don't blindly chase the bulls.

At the four-hour level, the Bollinger Bands are moving upwards. The upper short-term suppression is still on the upper rails and Fibonacci retracement 1.The lower short-term support is still MA5, followed by 0.786, MACD line fast and slow. There are signs of parallel operation, but there are signs of dead crosses. The bullish energy column continues to shrink. The RSI indicator continues moving downwards after entering the overbought area. It operates the same as Bitcoin, and requires risk control.

[Ethereum Operation Strategy]

1. It is recommended to enter the market in batches with empty orders near 1110-1100, the take-profit point near 1080-1070, and a breakout near 1050;

2. It is recommended to enter the market in batches near 1050-1060, the take-profit point near 1080-1090, and a breakout near 1110.

(The above operating suggestions are for reference only. The analysis has a certain timeliness, and the posting has a certain delay. The specifications are also subject to real-time market conditions. Please bring your own stop loss yourself!)

[Yesterday's strategic situation]

Congratulations to friends who participated in yesterday's operation. Bitcoin and Ethereum are single and double blank to activate take profit, Bitcoin take profit is around 400-1300 points, and Ethereum take profit is around 20-60 points, but various strategies are activated. It is a pity that the market has no temper at all. If you say fall, it will fall.

There's basically no time to update this, no time to update.

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