The third round of analysis in the afternoon
BTC analysis
The opening of the one-hour Bollinger band has a horizontal opening trend, corresponding to the interval of 65155-63311, the horizontal trend of the mid-line corresponds to 64233, and the overall market trend is negative and downward! BTC is in the mid-line oscillation!
MA5/10 crosses and crosses downward, and the two lines have a horizontal secondary cross trend! Corresponding to 64358 and 64470 respectively, the horizontal trend of MA30 corresponds to 64234, the downward trend of MA60 corresponds to 65039, and the horizontal trend of MA120 corresponds to 65428!
The MACD fast and slow lines are about to have a cross trend, the long volume is weakened, and the market will enter a stage of change! The RSi three-line composite cross has an upward trend, corresponding to the values of 47, 48, and 46, and the market is in a volatile upward trend! KDJ three-line crosses and crosses, and the J line closes with the values of 34, 43, and 18. The market is in a short-term narrow range of oscillation!
That is: BTC did not fall below 64,000 in two rounds of declines this morning. Bitcoin has been fluctuating in a narrow range between 64,000 and 64,600 in the short term. At the current stage, it has a narrow upward trend and is expected to rise to 64,600-64,800. However, the expectation for an increase is not strong and there is a risk of a reversal. It is not recommended to operate at this time!
