$TRUMP 15 minute cycle: #TRUMP上线币安现货 $BTC
Trend Analysis:
Short-term prices continue to decline, indicating a strong bearish trend.
The K-line has fallen below multiple short-term moving averages (such as MA5 and MA10).
MACD indicators show negative values for DIFF and DEA and the histogram shows weakness.
The K value, D value, and J value of the KDJ indicator are all at relatively low levels, and the rebound momentum is temporarily insufficient.
Trading Tips:
Mainly wait and see in the short term, waiting for the trading volume to increase or KDJ to form a golden cross signal at a low level.
If the price can regain its footing above the MA10 moving average (currently around 38.68), there may be a rebound opportunity in the short term.
4-hour cycle
Trend Analysis:
The price quickly pulled back from the highest point of 82.22 and is currently maintained at 36.57, with a large pullback.
The moving average system forms a short arrangement, with both MA5 and MA10 pressing downward, indicating that medium-term pressure is relatively large.
The MACD indicator forms a dead cross, DIFF and DEA gradually distance themselves from each other, and the short momentum increases.
The KDJ indicator shows that it is oscillating in the low area, and the J value is close to the oversold area.
Trading Tips:
It is currently in a correction phase, but there is a possibility of a technical rebound in the short term.
If the price can break through the key moving average (MA10 is around 45), you can consider intervening with a light position.
If the price falls below the previous low (33.01), it may fall further!
3. 1-day cycle
Trend Analysis:
From the lowest point (0.18) to the highest point (82.22), it experienced a huge increase, and then quickly pulled back to around 36.76.
The moving averages EMA5 and EMA10 show that there is still downward pressure in the short term.
The MACD histogram turned from positive to negative, indicating that the bullish momentum was exhausted and the bearish force was gradually strengthening.
The KDJ indicator shows a decline after being overbought. Currently, K, D, and J are all diverging downward, but have not completely entered the oversold area.
Trading Tips:
The risk at the daily level is relatively high, so it is recommended to wait until the adjustment is over before intervening.
If the price can break through the key resistance level (40-45 range), it will indicate that the bulls are in control again.
If it falls below the previous support level (around 30), it may continue to fall.
Summarize
The current market is in a correction phase. Both the short-term (15 minutes) and medium-term (4 hours) show that shorts are dominant. It is recommended to wait patiently for the trend to become clear. It is suitable to pay attention to key support levels (such as 33-35). If short-term KDJ and MACD show bullish signals, you can try with a light position and strictly set a stop loss.