Shanhe Ge discusses currency: Bitcoin and Ethereum operation suggestions and analysis on Monday.
Although it is still during the holiday, the new week has already begun. This month also ushered in the first wave of good starts. I led the friends who followed me to eat a wave of meat and took off immediately. The market broke all the way yesterday and continued until early this morning, reaching a maximum of around 28520. Ether also rushed directly to around 1785, giving a strong unilateral market. The long orders we placed near 271 00 and 1665 were also on schedule, and we won more than 1,300 points of space and more than 110 points of space. It can be said that the friends who followed us made a lot of money, and one order made the world go up. There are a lot of people. This is the rhythm of going with the flow. Opportunities come and when you seize them, you will get what you deserve.
From the weekly perspective, after a long period of trading, the momentum was broken, and the market retreated at the beginning of the week, forming a downward rebound, and then rose all the way. The weekly closed full of the Dayang K-line, directly breaking through the mid-track line. This week will see further progress. Continuing the upward trend, the currency price is currently running above the middle track, the Bollinger Bands are opening in parallel, the three lines of the KDJ indicator are all showing an upward trend, and the red bullish energy column is also gradually increasing in volume. Looking from the daily line, a big positive line directly penetrates the upper rail line, and the Bollinger Bands open upward. Due to the pressure from above, the currency price will most likely go through a retracement correction, and then continue to rise further. Because The daily line closed strongly higher, and it is expected to rise directly again after consolidation during the day. Looking at the four-hour line, the currency price has been rising for two consecutive times, directly breaking through the upper track line. After the continuous rising volume, it has temporarily reached a high level and slowed down the consolidation. This kind of sideways consolidation has relatively limited space for a rebound. After partial correction, it will continue to rise.
On Monday, the market can go directly to 27700-27800, with a short-term target of 28500 and a band of 29000. Ether 1690-1710 can be directly traded, the short-term target is 1750, and the band can look at 1800.