[Qiu Ge's Morning Review] Today's analysis on October 9:
Analysis of Bitcoin: On the four-hour chart, Bitcoin price fell back to the middle track after being close to the upper track. It has repeatedly dropped to the lower track and then closed with a long lower shadow, indicating that the bulls are still very strong. It is currently running on the middle track, and bulls are also showing signs of short-term pressure. The red bull energy column is also shrinking. The three lines of the KDJ indicator have a tendency to turn upward, and the MACD indicator moving average begins to turn upward after being glued together. The bulls are obviously strong and are expected to reach around 29,000 this week.
Analysis of the two cakes: From a technical analysis, the trend of the two cakes is still very weak. A few days ago, due to the excessive selling pressure of Sun Ge, there was a short-term decline, but it finally held the 1600 mark, indicating that the support of 1600 is still very strong. From the 4h structure, the price of the currency ran from the lower track to the middle track and then fell back to the lower track and closed with a long lower shadow, indicating that the bulls are dominant. At present, the continuity is still not high, the MACD moving average is glued, the bulls are running in a shrinking volume, and the market is about to change. It is recommended to mainly buy low and buy high
Technical operation suggestions: high altitude and low altitude
Big Pie Analysis
Upper pressure level: 28200-28600-2900
Support level below: 27600——27200——26800
Two-cake analysis
Upper pressure level: 1640-1660-1680
Support level below: 1610——1590——1570
The above operation suggestions are for reference only and are not used as investment basis. #BTC #ETH #BNT

