5.16 Evening Analysis
The 12-hour KDJ is oscillating downward, and the MACD has shown a crossover at a high level; once the death cross stabilizes, a volume adjustment will begin. In the main chart, the MA5 and MA10 are converging and moving in oscillation, while the MA30 daily moving average continues to strengthen. Overall, based on the weekly situation, I personally believe that the persimmon market will first undergo a technical adjustment; otherwise, the insufficient volume support will also affect the upward trend.
For short-term operations, it is recommended to continue rebounding and focus on 🈳!
Big Pie: Around 104300-104800, target 102300 $BTC
Second Pie: Around 2640-2660, target 2560$ETH
The 12-hour KDJ is oscillating downward, and the MACD has shown a crossover at a high level; once the death cross stabilizes, a volume adjustment will begin. In the main chart, the MA5 and MA10 are converging and moving in oscillation, while the MA30 daily moving average continues to strengthen. Overall, based on the weekly situation, I personally believe that the persimmon market will first undergo a technical adjustment; otherwise, the insufficient volume support will also affect the upward trend.
For short-term operations, it is recommended to continue rebounding and focus on 🈳!
Big Pie: Around 104300-104800, target 102300 $BTC
Second Pie: Around 2640-2660, target 2560$ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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