The strategy updated in the early morning, the market started a rebound late at night but unfortunately hit the stop loss, which is very regrettable.
After today's daily update, Bitcoin has slightly oscillated and rebounded relying on the 30-day moving average (causing the weekly TD indicator to change again, the TD7 upward trend has not been broken). Currently, the MA5 and the 10-day moving average are showing a contraction in sentiment, but the middle line of the Bollinger Band overlaps with the 10-day moving average. The current level of 106700 is again evolving into a dividing line between bulls and bears. Combining this with the 12-hour chart, Bitcoin is slightly rising based on the MA5 and the 10-day moving average. The MACD is starting to shrink below the zero axis, and a golden cross is about to form. The KDJ three lines continue to rise, plus the TD indicator shows a bullish arrangement for rebound trends. As long as the short-term coin price does not break below the support of the 10-day moving average, stabilizing above the middle line of the daily Bollinger Band at 106700 will continue the upward sentiment, and breaking through 110000 is also just a matter of time. The short-term resistance is referenced at the level of 106700; if it stabilizes, the bulls will expand again.
The current price of the coin is running near the upper Bollinger Band on the 4-hour chart, and the overall trend of the Bollinger Band shows an upward trajectory. Additionally, the coin price is stable above the 30-day moving average. In terms of indicators, there are slight signs of short-term bullish volume expansion. Combining this with the hourly chart, Bitcoin currently leans towards a slight upward fluctuation, so my personal view for the evening to early morning is to mainly maintain a strategy of buying on dips.
Trading Strategy: Buy at 105800, add positions at 104800. Target: 107000-108500. Stop loss: 104500.
Ethereum's overall trend is basically synchronized with Bitcoin. Due to the daily chart being slower than Bitcoin by one cycle, it leans towards following the trend. In the short term, Ethereum's strategy is to focus on buying on dips as long as it does not break below the 30-day moving average support on the 12-hour chart.
Trading Strategy: Buy lightly at 2620, add positions at 2580. Target: 2660-2700. Stop loss: 2560.
For the short-term trend, it is expected to be sufficient; tomorrow's daily update will continue to follow up.#币安Alpha上新 #加密市场反弹 