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Evening Analysis on May 16
The 12-hour KDJ is oscillating downwards, and the MACD has shown a crossover at a high level. Once the death cross stabilizes, a larger adjustment will begin. In terms of the main chart, MA5 and MA10 are consolidating with oscillations, while the MA30 daily moving average continues to strengthen. Overall, based on the weekly chart, I believe that the persimmon market will first undergo a technical adjustment; otherwise, insufficient volume support will also affect the upward trend.
For short-term operations on persimmon, I suggest continuing to focus on rebounds!
Bitcoin: Around 104300-104800 with a target of 102300
Second coin: Around 2640-2660 with a target of 2560#以太坊安全计划
The 12-hour KDJ is oscillating downwards, and the MACD has shown a crossover at a high level. Once the death cross stabilizes, a larger adjustment will begin. In terms of the main chart, MA5 and MA10 are consolidating with oscillations, while the MA30 daily moving average continues to strengthen. Overall, based on the weekly chart, I believe that the persimmon market will first undergo a technical adjustment; otherwise, insufficient volume support will also affect the upward trend.
For short-term operations on persimmon, I suggest continuing to focus on rebounds!
Bitcoin: Around 104300-104800 with a target of 102300
Second coin: Around 2640-2660 with a target of 2560#以太坊安全计划
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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