2.25 plunged so much, can you buy the bottom and do more? Recent Bitcoin Ether market analysis and suggestions for solution

in CryptoDog3 years ago

【2.25BTC market analysis】

Bitcoin's low yesterday touched 44918, and many failed tests were broken. If that support is not broken, it will undoubtedly usher in a wave of rebound and upward testing, which Yanling also predicted. Then, from the daily trend, Bitcoin will come back and stand firm at 50000 Pass, the high point of the day nears 51350, and three failed attempts to break through. Then there is only one possibility for such a market to temporarily see the interval operation to break positions and take advantage of the trend. This is also the most conservative. Look at the Bollinger Band from four hours to see the top track Operation, MACD's fast and slow line is formed below the 0 axis, it will move upwards. The drop in the image continues to increase the volume. Yanling believes that the overall market is weak and the possibility of shorting is very high. In the short term, the market starts to fluctuate and adjusts weakly. Under pressure, empty orders can still be placed within a day. surgery, Yanling recommends Highlands as a supplement, low bulk as a supplement. Focus on 51300 above and 45000 below.

 2. Reference entry and exit points 2.25BTC:

1. Do not break above 51300, suggest empty 51000-50500, aggressive blank 50000, stop loss 300 points, target 47000-46000, and break 45000 near 41000

2.The bottom does not break 45000, it is recommended to exceed 45500-46000, stop loss 45000, and targets near 47000-48000

[2.25ETH market analysis]

Ethereum followed the Bitcoin trend yesterday. The price once fell below the 1600 line, and the lows touched near 1351. After that, it went up to test the 1800 area. The pressure above is also relatively strong. It failed to break through 1710 many times. The currency price is currently hovering near the line near 1615. Sorting out, from the 4-hour chart, the moving average daily MA10 forms a small level of support below, and the 5-day moving average has a tendency to tie the 10-day moving average to forming a golden cross. The indicators in the attached image show that MACD is running slowly amidst regulation, and the bears continue to increase its volume, and there is a bottoming out trend. Yanling believes that there are signs of recovery in the short term, but the magnitude will not be too large. Therefore, Yanling suggests it is more stable to operate near the upper pressure level. Focus on 1710 above and 1440-1350 at the bottom.

2.25ETH entry and exit point reference:

1. Don't break above 1710, suggest empty 1690-1680, aggressive empty 1660, stop loss above 1700, target near 150-1370, and break 1350 near 1250

2. Retreat and do not break through 1350, suggest more than 1440-1450, stop loss 1425, target near 1550-1580

review article releases are delayed, and the market is changing rapidly. The above suggestions are for reference only at your own risk! The market changes every day.

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