Big Coin K-Line Four-Hour Overall Analysis
Recent price trends show characteristics of upward oscillation, with current prices fluctuating around 96400. Overall market sentiment is leaning positive, although clarity is lacking, there are also signs of strong upward movement. In the short term, there is some upward momentum, especially with the expansion of the Bollinger Band and short-term buying power exhibited by patterns like Red Three Soldiers, which may continue to challenge resistance. However, caution is needed regarding multiple TD sell signals and warnings from TD9, as these may indicate market reversal or trend slowdown.
Suggestion: Short-term investors may choose to enter near short-term support levels, but caution is warranted for resistance at 97800. If the price cannot break through this resistance and shows signs of weakening upward momentum, consider taking profits or stopping losses. For investors with high risk tolerance, continuously monitor TD indicators for signs of trend reversal and set corresponding protective measures to guard against potential market pullback pressure. Long-term investors should remain cautious in light of increased market uncertainty.
Technical Analysis Candlestick Patterns: Upward oscillation trend; recent appearances of Bullish Engulfing and Red Three Soldiers indicate strong buying power in the short term; however, the Doji may suggest a slowdown or reversal in trend.
TD: High point shows TD9 signal, indicating potential reversal or trend end, caution for sell signals is needed.
BOLL: Bollinger Bands are widening, and prices have surged strongly after breaking through the middle band. Market sentiment is optimistic, but volatility is increasing, requiring attention to subsequent performance.
5.7 Big Coin Buy and Sell Points
The buy point for Big Coin can continue to extend yesterday's strategy; the long position strategy given yesterday was also perfectly executed.
Sell Point: 96500 - 97500 (reaching recent local highs, facing potential selling pressure). Short Sell Stop Loss Point: 98000 (breaking through recent highs and potentially confirming further upward trends).
Analysis of Ether's Four-Hour Candlestick Overall
Recent prices are around 1825, with the market in a fluctuating trend, oscillating between 1740 and 1850. Although there are signs of a rebound, the market faces strong resistance at 1850. The narrowing Bollinger Band indicates a temporary reduction in market volatility. In the short term, the market may be in a consolidation phase, and prices are likely to continue fluctuating within this range, lacking clear breakout signals.
Suggestion: At this stage, observe the breakthrough of key market points, especially whether it can effectively break through resistance at 1850 and support at 1740. If the price breaks 1850.59 and forms a new support, consider a moderate bullish stance; if the price falls below 1740, be cautious of further downward risks. Until a clear direction is established, it is advisable to remain observant or adopt a range trading strategy.
Technical Analysis Candlestick Patterns: Recently, key patterns such as Doji, Black Three Soldiers, and Bullish Engulfing have appeared, indicating market uncertainty. Pay attention to price fluctuations within a stable range.
TD: Frequent appearances of TD sequence '9' indicate potential reversal points, especially exhibiting strong pressure near resistance at 1850.
BOLL: The overall narrowing of the Bollinger Band channel indicates reduced market volatility, with candlesticks consolidating near the middle band. Watch for breakouts above and below the bands to assess the next movement.
5.7 Ether Buy and Sell Points
You can continue to extend yesterday's strategy; yesterday's long position for Ether was also perfectly executed, and we are now near a location to suggest a short position strategy.
[The above analysis and strategies are for reference only; risks are to be borne by the user. The article review and publication may have delays, and strategies may lack timeliness. Specific operations should refer to the real-time strategies of Bit Bear.]
