5.4 Initial Thoughts Analysis

Long position thoughts, the overall fluctuation of the big pie is not large, the aunt also successfully rose to around 1850 after a pullback, the overall space is quite good, with a weekend of fluctuating market, such volatility is still very nice. Continuously pay attention to the support levels of 95000 and 1780 below; if the support holds, the market will continue to move in a fluctuating upward trend. The weekly level also shows a series of upward candles, and the larger trend is also rising continuously, but during the contract operations, it is necessary to manage the waves well and be cautious of a pullback if it encounters resistance on the way up.

On the daily MA moving average indicators, the 7-day and 10-day moving averages are still in an upward trend and show no signs of turning downwards. The moving average support just corresponds to the dense chip support levels of 95000 and 1780. The four-hour Bollinger Bands are slowly narrowing; when the market approaches the lower track area, it is advisable to decisively enter long positions, as there is still considerable room above, especially with the aunt side expected to see a rebound.

Enter long positions in the big pie around 95000 to 95500, with a target near 97500;

Enter long positions in the aunt around 1800 to 1820, with a target near 1880. #非农就业数据来袭 #加密市场反弹 #币圈 #区块链 #比特币