9.11 In the afternoon of Silk Road, there were constant disputes between bulls and bears. Where will the market go in the future?
Yesterday, the daily price rose to around 58,000, fell to around 56,300, and closed at around 57,650.
The lower support is near the MA7 moving average, and you can take long operations when you step back here.
The upper pressure is near MA14. If a breakthrough is formed, it is expected to reach around 57,500.
The 4hMACD short position is shrinking, and there are signs of a golden cross, which may indicate that the price is expected to rise further.
At present, the trend of the big cake is relatively volatile, and the strength of the bulls and bears is relatively balanced. You can pay close attention to the support and pressure of the MA7 and MA14 moving averages, as well as the changes in the MACD indicator, to determine the subsequent operation direction.
The price of Yitai Ri 🧵 has gone through four consecutive positive days 🧵. Yesterday, the highest price rose to around 2400, the lowest price fell to around 2320, and the closing price was around 2390.
The lower support is near the MA7 moving average, and you can go long here if you step back.
The upper pressure is near MA14, and you can look up to around MA30 after breaking through.
The MACD short position has shrunk, and a golden cross has been formed, which indicates that the upward momentum of ether has increased.
The lower support of 4h is near MA30, and you can go long if you step back.
The upper pressure is near the MA60 moving average, and you can see near MA90 if you break through.
MACD bulls shrink, and there are signs of forming a dead cross, which may mean that the price of Ethereum may appear in the short term
Operation suggestion: 57400-56900 for big cakes
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