Today's intraday currency price can be said to have experienced a small fluctuation and pullback, but the force is not strong, so our analysis ideas for the early morning market remain unchanged. In the short term, we will continue to look for fluctuations and pullbacks (that is, a short-term technical repair).
From the daily level, the current BOLL is still in the breaking stage, and the main chart coin price and MA5 also have a large gap, so this is also the indicator prompt for a short-term technical retracement and repair. But other technical indicators are generally good, so as long as the short-term retracement cannot effectively fall below the key repair price support of the low point, the subsequent coin price will continue to rise.
At the 12-hour level, KDJ and MACD are still relatively strong. There is a small opening on the current upper track of BOLL, but the opening range has not been fully expanded (the range is not large, and the currency price is completely glued together); the three-day MA moving averages in the main chart are still in a strong stage, so our early morning analysis idea is still to look at the retracement and repair to make short-term technical adjustments. If the retracement does not break the key support below, the subsequent currency price will continue to rise.
Summary: I personally expect that the overall trend of the currency price will still be more inclined to technical retracement during the early hours of today. The low support price is still referenced near the 1875-1840 area. Note that as long as the short-term currency price retracement strength cannot effectively fall below the 1875-1840 support price area, the subsequent currency price will continue to rise. The high point pressure is still referenced near the 1969-2024 area. The analysis idea is consistent with today's intraday. Overall, it is still necessary to take one step at a time and seek stability. After all, I believe that everyone has experienced the changes in the market, so it is better to seek stability and trade step by step. I still think that no matter how powerful the analysis is, it is actually meaningless. What can really make everyone earn money is the real and most important. Well, let's stop here today. Everyone should rest early at night. We will look at the rest tomorrow during the day~ Good night, everyone, and rest early (those who have positions should do a good job of stop loss and take profit).
The above is my personal intraday market analysis and is for your reference only.
