The currency circle has happened early🥇🥇🥇2024-10-16
Analysis of the trend of big cake and second cake, the code of wealth, the ambush points of long and short...
BTC 4-hour K-line trend:
Pressure level: around 668182~69986
Support level: around 64981~66469
ETH 4-hour K-line trend:
Pressure level: around 2690~2741
Support level: around 2489~2521
Technical analysis:
Bitcoin 4-hour cycle K-line is currently in a head and shoulders top pattern (note the neckline pressure The support level of the right shoulder is around 68182, and the support level of the right shoulder is around 66469); the Gubi trend indicator has a multi-cycle resonance and a long-term investment trend. The medium and short-term KDJ indicators are all above 50 (anti-fall). The price is still bullish in the later period, but the MACD indicators of the 30-minute, 1-hour, and 2-hour cycles are in the form of rootless water. The price has a need for a short-term correction. Once the price is adjusted back to the 30-minute, 1-hour Bollinger middle track or some important neckline support levels (including the right shoulder support level of the 4-hour head and shoulders top pattern), it is the best time to enter the long position🥰! (Please wear a stop loss, fasten your seat belt, and take three protective measures to get out of the trap) {Contract thinking}
Short-term operation thinking: When the price is adjusted back to the important support level marked above, you can enter the market with a light position and long positions {spot thinking};
Investment is risky, and you need to be cautious when entering the market. The above analysis is for reference only! You can also make some corresponding layouts of altcoins based on the linkage effect of Bitcoin!
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