Yue Ying: 3.4 Bitcoin and Ethereum Market Analysis - Breakthroughs Within Reach + Latest Short-term Recommendations
I am Zhou Yue Ying. Friends who enjoy reading my articles, please follow me and see today's sharing!
Bitcoin Technical Analysis——
On the daily chart, Bitcoin closed with a hammer candlestick. During the day, it opened higher and tested the upper band, with Bollinger Bands slightly opening. The short-term moving averages are turning upward, and the MACD fast and slow lines are extending upward with increasing histogram. The KDJ is moving upward, watch for resistance near the 100 level. The VR indicator is consolidating around 70. On the 4-hour chart, the market is oscillating upward, testing the upper boundary of the box again and breaking through it. Bollinger Bands are opening, short-term moving averages are turning upward, and the MACD lines are running above zero with increasing histogram. The KDJ shows signs of turning, and the VR indicator is consolidating near 150. Overall, the market is testing the upper boundary of the box again, with a higher probability of breaking through. The breakout could change the pattern within the next one or two days. In the short term, watch for support around 67,500 and resistance around 75,000. See the short-term recommendation.
Bitcoin Short-term Recommendation: Long at 68,300, Short at 74,600 (activate strategy for profit, manage at your own discretion)
Yitai Technical Analysis——
Yitai's technical outlook is linked to Bitcoin's reference. Watch for resistance around 2,200 and support around 1,890. In the short term, optimistic about breaking through the box to change the current oscillation cycle. See the short-term recommendation.
Yitai Short-term Recommendation: Long at 1,930, Short at 2,180 (activate strategy for profit, manage at your own discretion)
— I am Zhou Yue Ying, a teacher focused on technical analysis. If you have any questions about operations or trends, feel free to discuss and learn with me! Let's exchange ideas and profit together! #BTC #ETH
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Yue Ying: 3.4 Bitcoin and Ethereum Market Analysis - Breakthroughs Within Reach + Latest Short-term Recommendations
I am Zhou Yue Ying. Friends who enjoy reading my articles, please follow me and see today's sharing!
Bitcoin Technical Analysis——
On the daily chart, Bitcoin closed with a hammer candlestick. During the day, it opened higher and tested the upper band, with Bollinger Bands slightly opening. The short-term moving averages are turning upward, and the MACD fast and slow lines are extending upward with increasing histogram. The KDJ is moving upward, watch for resistance near the 100 level. The VR indicator is consolidating around 70. On the 4-hour chart, the market is oscillating upward, testing the upper boundary of the box again and breaking through it. Bollinger Bands are opening, short-term moving averages are turning upward, and the MACD lines are running above zero with increasing histogram. The KDJ shows signs of turning, and the VR indicator is consolidating near 150. Overall, the market is testing the upper boundary of the box again, with a higher probability of breaking through. The breakout could change the pattern within the next one or two days. In the short term, watch for support around 67,500 and resistance around 75,000. See the short-term recommendation.
Bitcoin Short-term Recommendation: Long at 68,300, Short at 74,600 (activate strategy for profit, manage at your own discretion)
Yitai Technical Analysis——
Yitai's technical outlook is linked to Bitcoin's reference. Watch for resistance around 2,200 and support around 1,890. In the short term, optimistic about breaking through the box to change the current oscillation cycle. See the short-term recommendation.
Yitai Short-term Recommendation: Long at 1,930, Short at 2,180 (activate strategy for profit, manage at your own discretion)
— I am Zhou Yue Ying, a teacher focused on technical analysis. If you have any questions about operations or trends, feel free to discuss and learn with me! Let's exchange ideas and profit together! #BTC #ETH