The article was edited at 11:05 am on June 21, 2023. All opinions do not constitute any investment advice! For learning and exchange purposes only.
Yesterday, the high point of Bitcoin was around 28400 and the low point was around 26650. Bitcoin moved sideways during the day yesterday, and began to fluctuate upward in the evening, directly breaking through the short-term pressure of 27500, reaching a high of around 29100 and then began to fall. Yesterday, Fuzhu also said that if it effectively stands above 27500, the market may begin to reverse. From the current point of view, it has directly broken through the daily level downward trend line with large volume, and it is basically confirmed that it has entered the long position.
The daily level closed the big positive line yesterday, the Bollinger Bands opened, MACD increased in volume, the 4-hour Bollinger Bands were forcibly opened, KDJ was under pressure, and MCAD increased in volume. In terms of operation, it is recommended to step back to 28350 and go long without breaking the light position. The target is 28800-29500 and the stop loss is 350 points. The market is ever-changing, and specific operations are based on real-time strategies.
Ethereum’s high point yesterday was around 1796 and its low point was around 1714. Although Ethereum rose in tandem with Bitcoin last night, the momentum of the rise was not very strong and it did not break through the daily downward trend line. It has now effectively stood above 1780 and is in a bullish position in the short term.
The daily level closed the big positive line yesterday, which was suppressed by the MA50 daily line. The Bollinger Bands moved downwards, suppressed by the upper Bollinger track 1930. The opening of the Bollinger Bands at the 4-hour level was forcibly opened, and MCAD increased in volume. In terms of operation, it is recommended to step back to 1780 without breaking the short position and go long, with the target of 1810-1850. If the price does not break above 1900, you can go short. The target is 1880-1860, and the stop loss is 25 points each. The market situation is ever-changing, and specific operations are based on real-time strategies.
Disclaimer: The above contents are personal opinions. The strategies are for reference only and are not used as investment basis. If you follow up, you are responsible for your own risk.
